Govt plans over $12 bn in power plant\, EV incentives to cut pollution

Govt plans over $12 bn in power plant, EV incentives to cut pollution

Of the Rs 88,500 cr, Rs 83,500 cr would be used for curbing sulphur emissions from power plants, and the rest to develop electric vehicles infrastructure in 70 cities in the five years ending 2025

Reuters  |  NEW DELHI 

Electric scooter
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The government has proposed incentives worth Rs 88,500 crore ($12.4 billion) to help install equipment to curb emissions, and also to develop infrastructure for electric vehicles, a government statement said on Friday.

Of the Rs 88,500 crore, Rs 83,500 crore would be used for curbing sulphur emissions from power plants, and the rest to develop infrastructure in 70 cities in the five years ending 2025, the statement said.
($1 = 71.3690 Indian rupees)

First Published: Fri, February 15 2019. 20:19 IST