Govt inks MoU for 5% interest subvention on EV purchase
The Delhi Government on Wednesday signed a Memorandum of Understanding (MOU) with Convergence Energy Services Limited (CESL) for providing five per cent interest subvention on purchase of a select categories of Electric Vehicles (EVs) in Delhi on loan.
The MOU was signed by Vinod Kumar Yadav, Deputy Commissioner, Transport Department, Delhi Government and Polash Das representing CESL in presence of Transport Minister Kailash Gahlot, Dialogue and Development Commission Vice-Chairperson Jasmine Shah, Principal Secretary cum Commissioner Transport Ashish Kundra and Special Commissioner SB Deepak Kumar.
According to the Delhi Government, the agreement will help in accelerating the adoption of lithium-ion-based e-rickshaws and e-carts along with electric autos and electric Light Goods Vehicles in the national Capital.
