high-level committee has been set up by Niti Aayog on mines, minerals and coal sectors to identify key challenges and negate their impact. The committee includes officials from steel, coal and mines ministry, public sector mining companies, with representation from the private sector.
Electric Vehicles (EVs) sold in India through 2030 can save 474 million tonne of oil equivalent, worth Rs 15.2 lakh crore over their lifetime, according to a recent report by NITI Aayog and Rocky Mountain Institute (RMI).
The technical report titled ‘India’s Electric Mobility Transformation: Progress to Date and Future Opportunities’, quantifies the direct oil and carbon savings that the vehicles incentivized under FAME II will deliver.
The government has constituted an inter-ministerial panel for monitoring, sanctioning and implementation of projects under the Rs 10,000-crore FAME-II programme, aimed at incentivising clean mobility.
Niti Aayog Chief Executive Officer (CEO) Amitabh Kant today said the think tank has proposed abolishing road tax for electric vehicles in order to streamline India’s transition towards electric mobility.
Government may widen its subsidy net to cover all cooking fuels including piped natural gas and bio-gas along with the existing subsidy on LPG and kerosene. Niti Aayog’s proposal for a comprehensive ‘cooking subsidy’
India is working on a plan to set up a gas trading hub or exchange for free trade of natural gas and its supply through a market mechanism but no timeline can be indicated on the back of multiple issues involved, the government today said.
India’s domestic coal supplies will continue to struggle to meet the zooming demand in the next fiscal year too. According to NITI Aayog, the country’s total coal demand will rise to 991.35 million tonne in the current financial year
International Energy Agency will next year conduct an in-depth review of the country’s energy sector and assisting it in the exercise will be Niti Aayog, according to a power ministry official.
Government think tank Niti Aayog in its strategy document Wednesday suggested for the power sector a plethora of reforms like promoting smart grids, auctioning of energy, privatisation of discoms, payment of subsidies by direct