Mg EV Policy - Ladakh
Introduction
With the bifurcation of J&K State under the J&K Reorganization Act, 2019, Ladakh gained the status of Union Territory in August 2019 and its development has been a priority of Government of India. Ladakh - Vision 2050 has been prepared to creatively deliberate on the development potential of the region while considering its sensitive ecology, rich heritage and culture and aspirations of its local people. Ladakh has recently prepared Vision-2050 which incorporates numerous sustainable development goals and ambition to make Ladakh Self-Sustainable, SMART, Integrated and Carbon Neutral.
Demand Incentives
20% of the Ex-Showroom Price or INR 5,00,000 (Applicable 1st year from release of policy for the first 33 registered vehicles) 10% of the Ex-Showroom Price or INR 2,50,000, Max INR 25,00,000.
Charging station subsidy
Commercial public EV charging stations for Two wheelers, Cars and Buses will be eligible for capital subsidy on equipment/machinery (Capital subsidy of 25% on the equipment's/Machinery or INR 5,00,000/- (Whichever is less) per station for the first 15 EV Charging Stations).
Electricity Tariff
Electrical power required for EV charging will be charged at domestic rate.
Skill development
Based on an assessment of feasibility and other details by the High-Power committee, proposal will be prepared for the establishment of centre of excellence and research and development centres in Leh and Kargil. The relevant agencies will institute training-based certification and placement programme and shall collaborate with National Agencies, Private Players and other associations to understand their human resource requirements. Based on these requirements, a merit based, defined certification and placement procedure shall be instituted so that appropriate manpower is created for the EV industry.