Status: Notified; Date of Notification: October 6, 2022; Validity Period: 5 years from the date of notification
Make Jharkhand the preferred destination for EV manufacturing units in Eastern India.
Establishment of projects for the manufacturing of advanced chemistry cell (ACC) batteries in Jharkhand by 2027.
To establish centre of excellence for EV in partnership with Industry and Academia by 2027.
Target of 10% share of Electric Vehicle in overall new vehicle registration in the State by 2027, with breakdown as follows:
2 wheelers – 10%
3 wheelers – 20%
4 wheelers – 10%
Replace Government owned/leased vehicles whose age is 15 years or older with Electric Vehicles.
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Buyer incentives are as follows:
2 wheeler – INR5,000/kwh upto INR10,000 for the first 1,00,000 vehicles.
3 wheeler – INR5,000/kwh upto INR30,000 for the first 15,000 vehicles.
4 wheeler – INR5,000/kwh upto INR1.5 lakh for the first 10,000 vehicles.
e-3W goods carrier – INR5,000/kwh upto INR30,000 for the first 10,000 vehicles.
e-4W goods carrier – INR5,000/kwh upto INR1 lakh for the first 10,000 vehicles.
100% interest free advance/loan on the purchase of first EV (2-wheeler and 4-wheeler) to State Government employees.
All Government Departments / Offices, PSUs will give priority to hire EVs vehicles for their official use.
Road tax exemption and exemption from vehicle registration fees during policy period as follows:
For Vehicles manufactured in state:
100% exemption for first 10,000 buyers
75% exemption for 10,001-15,000 buyers
25 % exemption after 15,000 buyers
For vehicles manufactured outside state – 25% upto policy period
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A Cluster Development Grant equal to 15% of the total grant released by the Government of India shall be offered by State Government for Cluster schemes approved by Government of India.
Comprehensive Project Investment Subsidy CPIS for investments made in fixed capital investment.
Interest subsidy for EV automobile and EV auto component manufacturing units for timely payment @ 6% per annum on total loan availed from public financial institutions / Banks for period of five years from the date of Commercial Production
Reimbursement of guarantee fee charged under the Credit Guarantee Trust for Micro and Small Enterprises (CGTMSE) scheme to Micro and Small Enterprises (MSEs).
Additional nchor subsidy of 5% of capital subsidy to eligible units to the first 2 anchor units in a District.
Early Bird Subsidy for the Units that come up within a period of two years from the Date of Notification of this policy,
100% reimbursement of stamp duty and registration fee for land directly purchased from the raiyats / acquired through consent award (lessee of JIADA / industrial parks will not be eligible for this benefits).
100% Electricity duty of New or existing EV industrial units setting up captive power plant shall be reimbursed after payment of electricity duty for a period of five years for self – consumption or captive use (i.e. in respect of power being used by the plant) from the date of its commissioning.
Incentives on extended battery warranty and buyback agreement:
Applicable only for 2-wheeler and 3-wheeler vehicles
The policy will provide OEMs additional incentives (to be transferred to the customers) for offering a minimum 5-year warranty for batteries
OEMs who offer buyback schemes for vehicles which are up to 5 years old at a value reduced by not more than 7.5% per year of the age will be eligible for additional incentives
An OEM can avail both the incentives simultaneously however, the total incentive amount will be limited to INR12,000.
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Setting up of at least one public charging station in a 3 km x 3 km grid or minimum of 50 charging stations per million population, whichever is higher
Setting up of public charging station on highways at 25 km distance (on both sides of all National highways and major State Highways)
Charging Infrastructure Incentives:
First 15,000 slow charging stations – 60% of cost upto INR10,000.
First 500 moderate/fast charging stations – 50% of the cost upto INR5,00,000
First 500 solar based fast charging stations – 70% of the cost upto INR7,00,000 (provided at least 75% of the annual electricity is generated from solar energy)
Public and semi-public charging stations availing FAME II charging infrastructure incentive will not be eligible for these incentives.
This cost does not include land and any ancillary cost to set up charging station
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Data is being collected.
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All EV batteries or fuel cell recycling units will be eligible for incentives and concessions under this policy
