Assam Electric Vehicle Policy 2021

The Government of Assam has launched the Assam Electric Vehicle Policy 2021 to promote and accelerate the adoption of electric mobility and to create an ecosystem for manufacturing EV components in Assam to ensure environmental sustainability.

Incentives for Early Adoption of Electric Vehicles

The State Will Demand Incentive is in addition to any subsidies available from the Central Government through its promotional schemes and policies.

Electric vehicle incentives for all types of the following electric vehicle battery capacity (i.e., energy content measured in KWH) will be used:

Vehicle Segment

Battery Size in Kwh (Approx)

State Subsidy Amount (Rs)

Total State Subsidy (Rs)

Maximum ex-factory Price to Avail Incentive (Rs)

Electric 2-Wheeler

2 kWh

10000/-

Per Kwh

20000/-

Rs 1.5 Lakhs

Electric 3-Wheeler

5 kWh

10000/-

Per Kwh

50000/-

Rs 5.00 Lakhs

Electric 4-Wheeler

15 kWh

10000/-

Per Kwh

150000/-

Rs 15.00 Lakhs

 

EV Charging Infrastructure Incentive

The State Government will promote charging infrastructure of various capacities and technologies, as well as a variety of business models, including privately owned, DISCOM-owned, and investor-owned charging and battery swapping stations.

The State Government Will exempt 100% electricity duty of EV charging stations during the period of this policy.

Commercial public EV charging stations for two-wheelers, three-wheelers, and four-wheelers will be eligible for a 25% capital subsidy on equipment/machinery up to Rs. 10 lakhs per station. The first 500 commercial public EV charging stations will be eligible for this incentive.

The subsidy for charging stations will only be given to developers, individuals, or entities who have not previously received similar subsidies from the State Government unless otherwise specified in this policy.

All EV charging stations Will adhere to the charging guidelines and standards defined by the Ministry of Power, Government of India, and Power(E) Department, Government of Assam.

Petrol stations will be permitted to set up charging stations if qualifying fire and safety standards are issued by the competent authorities.

Incentives for EV Manufacturing and Components

In addition to the 30% Capital Investment Subsidy available under NEIDS,2017 or any subsequent policy from the Government of India/State Government, units manufacturing EVs or their components will be eligible for the following additional incentives:

  • 20% of the cost of Plant & Machinery up to Rs. 15 lakhs for Micro Units.
  • 20% of the cost of Plant & Machinery up to Rs. 50 lakhs for Small Units.
  • 20% of the cost of Plant & Machinery up to Rs. 1 Cr. for Medium Units.
  • 10% of the cost of Plant & Machinery up to Rs. 10 Cr. for Large Units.

 In addition to the 3% Interest Subsidy on Working Capital Loans available under NEIDS,2017 or any subsequent policy from the Government of India/State Government, units manufacturing EVs or their components will be eligible for an additional 2% Interest Subsidy on Working Capital Loan.

Policy Document

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