Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
March 24, Saturday 2018 2:05 AM       

       HEADLINES: SFI men assaults Kerala Kaumudi photographer                                              There‚Äôs no violation of rules in young woman visiting Akash: Jail Supt                                              VT Balram takes exception to non-bailable case against Farook College teacher                                              MT's brother Narayanan Nair dies                                              Stop using iron hand on Keezhattur strikers: Joy Mathew                                              Cong to move no-confidence motion against govt                                              Anna Hazare to start indefinite hunger strike Friday                                              RS polls: Voted for BJP, says BSP MLA Anil Singh                                              Enormity & urgency of ecological issues cannot be ignored: Sadguru                                              Dominance of military turns Pak into failing state: Experts                                              Trump removes McMaster as NSA                                              Dalai Lama to cut foreign travel due to age, exhaustion                                              Sparking fear of trade war, Trump imposes USD 60 bn trade tariffs on China                                              Federer unfazed about No.1 ranking quest                                              Yuki Bhambri cruises into Miami Open second round                                              UAE give Afghan, Ireland WC hopes                                              Nepali cricketer Sandeep Lamichhane receives Delhi Daredevils jersey                                              Santhosh Trophy: Kerala pips Manipur 6-0                                              Kaumudi Facebook
       AUTOMOBILE Next Article: Honda Activa now world's largest selling two-wheeler  
       India eyes all-electric car fleet by 2030
         Posted on :18:45:38 Apr 29, 2017
       Last edited on:18:45:38 Apr 29, 2017
         Tags: India eyes all-electric car fleet by 2030

NEW DELHI: India is looking at having an all-electric car fleet by 2030 with an express objective of lowering the fuel import bill and running cost of vehicles.

"We are going to introduce electric vehicles in a very big way. We are going to make electric vehicles self- sufficient like UJALA. The idea is that by 2030, not a single petrol or diesel car should be sold in the country," said Piyush Goyal said while addressing the CII Annual Session 2017 in the national capital.

Goyal is of the view that initially the government can handhold the electric vehicle industry for 2-3 years to help it stabilise.

Citing the example of Maruti Suzuki, which has logged over 30 per cent profit this time, he explained that the government had supported India's largest car maker initially, which eventually led to development of the big automotive industry in the country.

Goyal told reporters later that the Ministry of Heavy Industries and the NITI Aayog are working on a policy for promotion of electric vehicles.

The minister pointed to the cost factor, saying people would like to buy electric vehicle when they find it cost effective.

About offshore wind projects, Goyal said these are more like an R&D project.

The minister suggested that big PSUs, including NTPC, can initially invest in such projects that will lead to development of this segment in coming years.

Goyal said that in the last 3 years, India's energy consumption has grown by about 6.5 per cent CAGR (compounded annual growth rate), more than the figure for the last 10 years.

He said, "Through UJALA, the LED distribution programme, we have already seen about 500 million LED bulbs sold in the last two years. My job is to improve India's energy efficiency to reduce consumption wherever it is wasteful and ensure that demand is met fully."

He made a point that UDAY has not been just about financial re-engineering but financial discipline. The UDAY scheme is meant for revival of debt stressed discoms.

Next Article: Honda Activa now world's largest selling two-wheeler
Maruti Suzuki Devils Circuit becomes India's leading disruptive sporting property  
Chandrababu Naidu to launch Hero Motors plant project Friday  
BlackBerry, JLR ink pact for next-generation vehicles  
Tata Motors delivers 25 hybrid electric buses to MMRDA  
American cycling brand Trek Bicycle launches in India  
Hero MotoSports team to take part in Desert Storm  
Mobycy unveils new range of smart electric bicycles  
Production of vehicles up by 14.41% till Feb'18  
New Rolls-Royce Phantom arrives in North India  
California allows autonomous car testing without backup drivers  
Tips to keep in mind before buying car insurance  
Andhra to develop as automobile hub: CM Naidu  
Royal Enfield strengthens its dealership network in Maharashtra, inaugurates new dealership in Mumbai  
Name of new high-bodied vehicle to be Rolls-Royce Cullinan  
Vintage car rally grab eyeballs in national capital  
Electric vehicles to witness high growth annually till 2020: Study  
Maruti Suzuki organises flash mob to promote seat belt usage at Auto Expo  
Kia Motors unveils 2019 portfolio at Auto Expo'18  
Honda Grazia breaches 50 K unit sales mark in less than three months  
Rolls-Royce Motor Cars 2017: The year of Bespoke  
Honda India recalls 22,834 cars  
Mercedes-Benz becomes first to launch BS-VI, locally made car  
Diesel cess to fund study on pollution's impact on health: CPCB  
Ashok Leyland inks pact with Israeli firm for EVs  
South Korea's Hyundai Motor Group to invest $21.6 billion over 5 years: Finance ministry  
Can there be conspiracy behind the move to shift India-West Indies one-day cricket match from Thiruvananthapuram to Kochi?
No opinion
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy