Hyderabad: On the status of the EV sector in the state in the Legislative Council on Friday, Industries Minister KT Rama Rao said that Telangana is the only state in the country to have an electric vehicle policy. He said that the policy envisages the use of electric vehicles and alternative energy storage components. The state had attracted Rs 5,600 crore inflow into the electric vehicle segment after it announced its EV policy last October. He said that apart from foreign entities, two startup companies from the state are investing in the EV segment.
Rama Rao said the state government had set up two industrial parks, one at Chandanavalli and the other at Sitarampur in Shabad mandal of Rangareddy district on 1,300 acres and similarly, a new energy park was coming up at Divitipalli in Mahbubnagar district to an extent. of 340 acres, which was likely to be increased to 500 acres. "The state government has sent a proposal to the Center for its approval under the EMC 2.0 scheme.
This is for the investors to take advantage of the additional concession provided by the Center under the said scheme," he said, adding that companies are showing interest in manufacturing of buses, trucks and cars." of the Automotive Research Association of India (ARAI). The intention is to set up a pre-certification laboratory in the state, he said. There are 40 EV buses connecting the airport to the city. In all, there are 111 EV charging stations operating at 98 locations in the city. The government was planning to add 118 more new recharge EV stations in Hyderabad, and 10 each in Karimnagar and Warangal, he said.
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