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Expo Highlights the Incentives T State Has Laid Out For EV, Storage Parks
The EV Expo was organized in several places, including Delhi, it was the first time that it was being organized in Hyderabad.
G
Guru Prasad
Hyderabad
Sun Dec 19 2021
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Expo Highlights the Incentives T State Has Laid Out For EV, Storage Parks
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Well, the Telangana government seems to be well-prepared to give support and sustain almost all industries in the state. Now, in keeping with the changing environmental needs and people’s approach towards sustainability and eco-friendliness, it is in the process of allocating a 200-acre parcel for ‘electrical vehicle park’ in Sitarampur village of Shahbad Mandal in Rangareddy district, in the next two to three months. The same was revealed by Sujai Karampuri, director of electronics, MD of T-Fiber, and CEO of T-Works.


The 200-acre land parcel has already been identified, and the initiative is aimed to help the micro, small and medium enterprises or MSMEs. This step would make Telangana the destination for electric vehicle manufacturing in the coming years. Inaugurating the 12th edition of the two-day Electric Vehicles Expo at Hitex, Madhapur, Karampuri said that Energy Storage Park at Divitipally in Mahabubnagar district would also be inaugurated to promote lithium-ion cell and battery manufacturing, solar cell and module assembly, and other new renewable energy-related manufacturing.


Karampuri invited the industry leaders to consider investing in manufacturing units in Hyderabad and also elaborated on the incentives being extended by the government to those who buy electric vehicles like two-wheelers, auto-rickshaws, cars, buses, and tractors, which will include 100 percent road tax exemption.


To date, 9000 electric vehicles have been registered in the state so far, and Telangana is ahead when it comes to EV charging stations. Those present felt the expo was the need of the hour and pointed out that Chief Minister KCR and other ministers were using EVs. They also revealed that the manufacturing capacity of solar energy in Telangana has increased from 34 MW to 3900 MW since it was commissioned.


While the EV Expo was organized in several places, including Delhi, it was the first time that it was being organized in Hyderabad.


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Expo Highlights the Incentives T State Has Laid Out For EV, Storage Parks
Expo Highlights the Incentives T State Has Laid Out For EV, Storage Parks
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