Meghalaya EV Policy 2021- Summary
Status of Policy – Draft / Yet to be notified
Date of release – Feb 2021
Salient Features of the policy
The Meghalay Government seeks to provide requisite impetus towards adoption of at least 15% EVs in 5 Years in Meghalaya, by providing incentives to a limited number of early electric vehicles adopters. Meghalaya aims at facilitating adoption of about 20,000 EVs during the Policy Period, which will save about 50 lakh litres of fuel, resulting in reduction of about 10,000 Kg of CO2 per day, which will lead to reduction of more than 36.5 lakh Kg of CO2 per year.
– Registration fees and road tax shall be waived for all types of electric vehicles purchased during policy period.
– In case the Government decides to implement Odd-Even system for plying of vehicles in order to curb pollution, the EVs shall be exempted from such arrangement.
– Government will undertake appropriate steps to reserve parking slots for EVs at key locations.
– Nodal Agency will set up a non-lapsable Meghalaya Electric Vehicle Adoption Fund (MEVAF) – From the date of notification by the State Government, the applicable Pollution Cess collected from sale of Diesel and Petrol shall be transferred to the MEVAF. By introducing an additional cess @ 10 paise per litre of diesel and petrol in Meghalaya, the expected average additional revenue may be about Rs 5 crores yearly
Demand Incentives proposed under Meghalaya EV Policy
Link to Policy Document
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