India’s automotive landscape is undergoing a dramatic transformation, driven by a powerful surge in the electric vehicle (EV) industry. From bustling city streets to remote rural roads, the shift towards sustainable mobility is becoming increasingly visible. This blog, “An Overview of the Electric Vehicle Industry in India,” delves deep into this dynamic sector, exploring its current state, key drivers, challenges, and future potential.

As concerns about air pollution and climate change intensify, the Indian government, along with private players, is aggressively promoting EV adoption. This comprehensive guide will illuminate the intricate web of policies, technological advancements, and market trends shaping India’s EV revolution. We’ll examine the growing ecosystem of EV manufacturers, ev charging infrastructure providers, and battery technology developers, while also addressing the crucial aspects of consumer adoption and affordability. Whether you’re an industry professional, an aspiring EV owner, or simply curious about the future of transportation in India, this overview provides valuable insights into the electrifying journey ahead. Join us as we navigate the exciting and rapidly evolving world of electric vehicles in India.

What is an Electric Vehicle?

An electric vehicle (EV) is a mode of transportation powered by electric energy instead of conventional fuels like petrol or diesel. Unlike internal combustion engine (ICE) vehicles, EVs utilize electric motors and rechargeable batteries, making them eco-friendly and cost-effective. EVs help reduce carbon emissions, lower fuel expenses, and contribute to energy efficiency.

Types of Electric Vehicles

Electric vehicles can be categorized based on their power sources and energy efficiency:

1. Battery Electric Vehicles (BEVs): These are fully electric vehicles powered by batteries. They require external charging and produce zero emissions. Examples include the Tata Nexon EV and MG ZS EV.
2. Plug-in Hybrid Electric Vehicles (PHEVs): These vehicles combine an internal combustion engine (ICE) with a rechargeable battery. They can run on both electricity and fuel, offering flexibility. Example: Toyota Prius Plug-in Hybrid.
3. Hybrid Electric Vehicles (HEVs): Unlike PHEVs, HEVs charge their batteries through regenerative braking and the ICE. They cannot be externally charged. Example: Honda City Hybrid.
4. Fuel Cell Electric Vehicles (FCEVs): These vehicles generate electricity through a chemical reaction between hydrogen and oxygen. Though not widely available in India, they hold promise for the future.

What is EV Charging & How Does it Work?

EV charging refers to the process of replenishing an electric vehicle’s battery using an external power source. EV Charging stations, also known as Electric Vehicle Supply Equipment (EVSE), provide different charging speeds based on power output:

1. Level 1 Charging: Uses a standard household socket (120V) and takes the longest time.
2. Level 2 Charging: Utilizes 240V outlets, commonly installed in homes, offices, and public places, reducing charging time significantly.
3. DC Fast Charging: Provides rapid charging using direct current, enabling EVs to charge up to 80% within 30-60 minutes.

Current Scenario of the EV Industry in India

India’s EV sector is witnessing remarkable growth, with government policies like FAME-II (Faster Adoption and Manufacturing of Electric Vehicles) and state-level subsidies fueling adoption. Let’s explore the present landscape across different vehicle segments:

1. Passenger Cars

Electric passenger vehicles have seen a notable increase in adoption, with penetration rates projected to reach 4-6% by the end of the fiscal year 2025. Automakers are actively introducing new EV models to cater to diverse consumer preferences.

2. Two-Wheelers

The electric two-wheeler (e2W) segment has emerged as a frontrunner in India’s EV market, accounting for 85-90% of total EV sales in the fiscal year 2023. Penetration of e2Ws in overall two-wheeler sales increased nearly 5% during this period.

3. Three-Wheelers

Electric rickshaws (e-rickshaws) and electric three-wheelers are revolutionizing last-mile connectivity in India. Electric three-wheelers have gained traction, achieving a 7% penetration rate in fiscal year 2023 (excluding the e-rickshaw segment). This rate is expected to rise to 14-16% by fiscal year 2025. 

4. Heavy-Duty Vehicles

Heavy-duty vehicles (HDVs) like Electric trucks, electric buses, and hydrogen-powered heavy vehicles are gaining traction, reducing carbon emissions and operating costs. The electric bus segment has seen significant growth, with over 1,800 units sold in fiscal year 2023. Penetration is predicted to rise to 11-13% by fiscal year 2025.

Key Players in the EV Industry

1. Electric Vehicle Manufacturers

ii) List of India’s Passenger electric vehicle manufacturers

• Tata Electric
• Mahindra Electric
• MG Motors
• Hyundai India
• BYD

ii) List of India’s Two-wheelers electric vehicle manufacturers

• Ola Electric
• Ather Energy
• Bajaj Auto
• TVS Motor Company

ii) List of India’s Three-wheelers Electric Vehicles manufacturers

• Mahindra Electric
• Piaggio Vehicles
• Atul Auto
• Omega Seiki Mobility (OSM)

ii) List of India’s Heavy-Duty Electric Vehicles manufacturers

• Tata Motors
• Ashok Leyland
• Eicher Motors (VE Commercial Vehicles)
• Mahindra Electric
• Olectra Greentech
• PMI Electro Mobility
• JBM 

2. EV Charger Manufacturers

The demand for charging solutions is rising, leading to the emergence of major EV charger manufacturers, such as:

• Servotech Renewable Power System
• Delta Electronics
• ABB India
• Tata Power EV Charging Solutions
• Exicom Power Solutions

3. EV Charging Infrastructure Developers

To support EV growth, various companies are developing charging networks across India, including:

• Incharz
• Tata Power
• Statiq
• ChargeZone
• Magenta Power
• Fortum India

Future of the Electric Vehicle Industry in India

India’s EV industry is poised for rapid growth, driven by strong government policies, increasing consumer demand, and advancements in battery technology. India’s electric vehicle market is projected to grow at a CAGR of 28.52%, reaching US$ 18.319 billion by 2029, up from US$ 5.22 billion in 2024. According to Fortune Business Insights, the market is expected to expand significantly, increasing from US$ 3.21 billion in 2022 to US$ 113.99 billion by 2029, with a 66.52% CAGR. By 2030, India aims for EVs to comprise 30% of private cars, 70% of commercial vehicles, 40% of buses, and 80% of two- and three-wheelers.EV sales are projected to reach 15.3 million units, with two- and three-wheelers leading. However, charging infrastructure remains a challenge, requiring 5.6–5.8 million public units. Battery costs, limited range, and reliance on imports are hurdles, but advancements in local manufacturing and alternative battery technologies will boost growth. This rapid growth is fueled by government incentives, rising consumer demand, and advancements in EV technology and infrastructure Green hydrogen and biofuels may play a future role.  

Conclusion

India’s electric vehicle industry is on a transformative journey, backed by supportive government policies, technological innovations, and increasing consumer demand. With a growing emphasis on sustainability and energy independence, EVs are set to become the preferred mode of transportation. As infrastructure and battery technology continue to evolve, the future of electric mobility in India looks bright, paving the way for a cleaner and greener tomorrow.

The world of renewable energy has seen significant growth, and one of the latest innovations is the Solar VFD inverter, a key technology for solar pumps. Utilizing the power generated from solar panels, a Solar VFD Controller adjusts the speed of electric motors based on the required load. By providing a seamless and reliable alternative to conventional power sources, Solar VFD Inverters play a crucial role in enhancing energy efficiency, especially in water pumping systems and irrigation setups. This technology not only supports renewable energy adoption but also addresses the challenges of inconsistent grid power in remote or off-grid locations. In this blog, we’ll cover everything from what a VFD is, why it’s used in solar pumps, its benefits, and how Servotech’s new VFD Solar Pump inverter is paving the way for efficient water management.

What is VFD?

VFD or Variable Frequency Drive, is a type of motor controller that controls the speed and torque of electric motors by varying the frequency and voltage of the power supply. It enables motor-driven systems to run at optimal speeds, enhancing efficiency and prolonging the lifespan of the equipment.

Why is VFD Used in Solar Pumps?

In solar pump systems, the energy input fluctuates based on sunlight availability. A VFD Controller is used to match the speed of the pump motor with the varying power generated by solar panels. Here’s why VFD is crucial for solar pumps:

1. Efficient Power Utilization: VFD maximizes the use of available solar energy, preventing the motor from overloading or running inefficiently.

2. Adaptability: It adapts to changing solar conditions, ensuring consistent water output throughout the day.

3. Reduced Wear and Tear: By controlling the motor speed, VFD minimizes mechanical stress, extending the lifespan of the pump.

What is a Solar VFD Inverter/Controller?

A Solar VFD (Variable Frequency Drive) Inverter is a device that regulates the speed of the pump motor by adjusting the frequency of the electrical power supply, based on the energy input from the solar panels. This allows for smooth operation even with varying solar conditions.

Benefits of VFD Solar Inverter

Using a VFD Solar Inverter in solar pump systems offers benefits like:

1. Enhanced Efficiency: Optimizes motor speed to use power effectively, reducing energy waste.
2. Cost-Effective: Lowers electricity bills by harnessing solar energy, minimizing the need for grid power.
3. Protection Features: Protects against voltage fluctuations, dry running, and motor overloads.
4. Increased Lifespan: Reduces mechanical stress on the motor, prolonging the equipment’s life.
5. Eco-Friendly Solution: Promotes sustainable energy use, contributing to a greener environment.

How VFD Solar Inverter Works

A VFD solar inverter works by converting the DC power generated from solar panels into AC power, which is then supplied to the pump motor. The inverter adjusts the frequency of the AC power based on the available sunlight, allowing the pump to run at variable speeds. Here’s a simplified process:

1. Solar Energy Generation: Solar panels collect sunlight and generate DC power.

2. DC to AC Conversion: The VFD Solar Inverter converts this DC power into AC power.

3. Frequency Regulation: The VFD adjusts the frequency and voltage supplied to the motor, matching the pump speed with the available energy.

4. Optimized Pump Operation: The pump operates smoothly at varying speeds, ensuring efficient water flow based on the sunlight intensity.

Difference Between Traditional Pump and Solar Pump

Feature	Traditional Pump	Solar Pump
Power Source	Grid Electricity or Diesel	Solar Panels
Running Cost	High	Low (Powered by Solar)
Efficiency	Lower Efficiency	Higher Efficiency with VFD
Environmental Impact	High Carbon Emissions	Eco-Friendly
Operational Range	Fixed Speed Operation	Variable Speed Operation
Durability	More Wear and Tear	Longer Lifespan with VFD

Servotech Launches Advanced VFD Solar Pump Inverter

Servotech Renewable Power System has recently launched its innovative VFD Solar Pump Inverter, designed to provide unmatched efficiency and performance for solar pumping applications. With features like:

Real-Time Performance Monitoring

Adaptive Frequency Control

Protection Degree- IP20/P21

Cooling Method – Air cooling

Max Efficiency of the Machine- 99%

User-Friendly Interface

How to Purchase the Servotech VFD Solar Pump Inverter

Purchasing the Servotech VFD Solar Pump Inverter is simple:

Conclusion

The introduction of Solar VFD Inverters is a game-changer for water management, making solar pumps more efficient and reliable. Servotech’s VFD Solar Pump Inverter combines cutting-edge technology with sustainable practices, offering a powerful solution for agricultural, industrial, and residential applications. Make the switch today and experience the benefits of green energy with Servotech.

Electric Vehicles (EVs) are gaining popularity as a cleaner, more efficient alternative to petrol/diesel cars. However, the longevity of your EV’s battery is key to ensuring you get the most out of your vehicle. By taking proper care of the battery, you can reduce maintenance costs and extend the range and life of your EV. Like any vehicle component, the EV battery requires proper care to ensure longevity and optimal performance. Maximizing your battery life enhances your vehicle’s efficiency and saves you from the expense of early replacements. In this blog, we’ll provide you with 10 valuable tips to help you get the most out of your EV battery.

What Is the Lifespan of Electric Car Batteries?

Electric cars, powered by lithium-ion batteries, have seen remarkable advancements in recent years. Designed for durability, these batteries have a lifespan between 8 to 15 years, with most EV warranties starting at 8 years. Future improvements in battery technology are expected to make them outlast the lifespan of the vehicle itself. The overall durability of an EV battery depends on several factors, including usage, environmental conditions, and maintenance. To ensure optimal performance and longevity, always refer to your vehicle’s specific charging guidelines, helping maximize both efficiency and lifespan.

10 Tips for Maximising Your EV’s Battery Life Span

Let’s explore these 10 EV charging dos and don’ts that apply to most electric vehicles.

1. Avoid Frequent Fast Charging

While fast charging is convenient, relying on it too often can degrade your battery over time. Fast chargers generate more heat, which can accelerate wear on the battery cells. Instead, use a home charger or a Level 1 or Level 2 charger whenever possible for daily charging needs. Reserve fast charging for emergencies or long trips.

2. Maintain Your Battery Charge Between 20-80%

Keeping your battery level between 20% and 80% is one of the best practices for extending its life. Charging to 100% or allowing the battery to drain below 20% can stress the battery cells, reducing their overall capacity. Many EVs allow you to set a charging limit — use this feature to protect your battery’s health.

3. Allow Your Battery to Cool Down Before Charging

Temperature plays a crucial role in battery performance. After a long drive, give your EV’s battery time to cool down before plugging it in. Charging a hot battery can lead to increased wear and reduced lifespan. Aim to charge when the battery is cool, ideally during the early morning or late evening.

4. Minimize Exposure to Extreme Temperatures

Extreme heat or cold can significantly impact your battery’s efficiency and lifespan. High temperatures can accelerate battery degradation while freezing conditions can temporarily reduce the battery’s capacity. Park your EV in a shaded area or garage whenever possible to protect it from harsh weather.

5. Drive Smoothly and Use Regenerative Braking

Aggressive driving, such as rapid acceleration and sudden braking, consumes more battery power and increases wear on the cells. Instead, drive smoothly and take advantage of regenerative braking, which captures energy and sends it back to the battery. This not only extends your battery life but also improves overall efficiency.

6. Limit the Use of Climate Control Systems

Air conditioning and heating can quickly drain your EV’s battery, especially in extreme weather. Try preconditioning your vehicle while it’s still plugged in to reduce the impact on your battery. Use seat warmers instead of cranking up the heater as they consume less energy.

7. Keep Your EV Software Up to Date

Manufacturers frequently release software updates for EVs that improve battery management and efficiency. Regularly updating your EV’s software ensures you benefit from the latest enhancements that can help extend battery life. Most modern EVs support over-the-air updates, so make sure your vehicle is connected to WiFi for seamless updates.

8. Perform Regular Maintenance and Check-Ups

Even though EVs have fewer moving parts than traditional vehicles, regular maintenance is essential for optimal battery health. Schedule periodic check-ups with a certified technician who can inspect the battery, cooling system, and other components. Catching potential issues early can prevent costly repairs down the line.

9. Plan for Long-Term Storage Properly

If you plan to store your EV for an extended period, aim to leave the battery charge between 50% and 60%. Avoid leaving it fully charged or completely drained, as this can accelerate battery wear. Some EVs offer a “storage mode” — activate this feature if available to maintain optimal battery conditions during long-term storage.

10. Keep Your Tires Properly Inflated

Maintaining the correct tire pressure is crucial for all vehicles, but it’s particularly important for EVs. Underinflated tires increase rolling resistance, making your EV work harder and draining the battery faster. Regularly check and adjust your tire pressure to the manufacturer’s recommended levels to optimize efficiency and extend your range.

Which EV Charging Station Is the Best?

Prolonging the lifespan of your EV battery is not just cost-effective—it’s essential for sustained performance. One key factor in extending battery life is maintaining the right temperature during driving and charging. Regular software updates and using regenerative braking can further enhance your EV’s range. The choice of charging stations also plays a crucial role in preserving battery health. For everyday charging, using a Level 1 charger helps maintain battery capacity. When you’re on the move, Level 2 or Level 3 fast chargers offer a quick boost. Incharz by Servotech is committed to providing reliable and efficient EV charging stations to ensure you can reach your destination with confidence. Thinking of upgrading your EV charger? Explore Incharz by Servotech—your trusted partner for smart, battery-friendly charging solutions that optimize your EV experience.

Conclusion

Taking good care of your EV’s battery is crucial for maximizing its lifespan and maintaining peak performance. Following these simple tips, you can enjoy a longer-lasting battery, reduce maintenance costs, and get the most out of your electric vehicle. Remember, your EV’s battery is one of its most valuable components — treat it with care, and it will reward you with efficient, reliable performance for years to come.

As global interest in renewable energy surges, 2025 will be a transformative year for solar technology. Innovations like bifacial and mono PERC solar panels are now replacing polycrystalline options for their efficiency and durability. Latest Solar panel technology such as perovskite, heterojunction, and tandem solar cells significantly enhance solar power performance, making it more affordable and practical. With solar systems lasting over two decades, understanding and adopting these advancements today will enable homeowners and businesses to maximize solar energy’s potential well into the future.

Current Technology in Solar Panels 

1. Bifacial Solar Panels

Bifacial solar panels offer a significant upgrade in solar technology by capturing sunlight on both sides. The top layer absorbs direct sunlight, while the bottom layer captures sunlight reflected from the ground. This design can boost energy production by up to 30% under high-sunlight conditions, generating more electricity than traditional panels. With up to 22% practical output currently and the potential for more as research progresses, bifacial panels are ideal for reflective surfaces or snowy areas. They also tend to be more durable, with low annual degradation rates of 0.45-0.55%.

2. PERC (Passivated Emitter and Rear Cell) Solar Cells

PERC technology enhances solar panel efficiency with a passivated layer on the rear side, allowing the capture of additional sunlight. This advancement has led to MonoPERC solar panels, which achieve up to 25% efficiency by harnessing light that would otherwise be lost. MonoPERC panels perform well in low-light conditions, making them adaptable to diverse climates. Although the initial cost may be slightly higher than traditional panels, the improved efficiency leads to faster payback and long-term savings, making them a valuable investment in solar technology.

Read also: Top Solar Panel Brands in India 2025

Latest Solar Panel Technology in India by 2025

Solar technology has a bright future with emerging innovations that promise to reshape the energy landscape:

1. Perovskite Solar Cells

 Perovskite cells are a promising alternative to traditional silicon-based cells, with a theoretical efficiency of over 30%. These cells are lightweight, flexible, and cheaper to produce electricity, making them ideal for a variety of applications, from rooftops to wearables.

2. Transparent Solar Panels

Transparent solar technology enables buildings to generate power while maintaining unobstructed views, integrating seamlessly into windows and glass surfaces. While thin-film panels may not be suitable for mass residential solar installations in India, they hold promise for commercial applications. This technology offers architectural freedom, allowing energy solutions without compromising aesthetics, and maximizes power generation by turning every glass surface into an opportunity for solar energy capture. Despite currently being less efficient than traditional panels, transparent solar panels are gaining popularity for their unique applications in modern architecture.

3. Heterojunction Solar Cells

Heterojunction technology (HJT) merges crystalline and amorphous silicon layers, resulting in solar cells that boast enhanced efficiency and stability. These HJT cells achieve efficiency rates exceeding 25% by improving sunlight absorption and minimizing electron recombination. Additionally, they perform exceptionally well in high-temperature environments due to their higher temperature coefficient, effectively reducing energy loss from overheating. This innovative technology represents a significant advancement in solar power productivity, making HJT cells a durable choice for various applications.

4. Tandem Solar Cells

Tandem solar cells layer two different types of photovoltaic materials — such as silicon and perovskites — to capture a broader spectrum of sunlight and thereby convert more light into electricity. 

By harnessing light across different wavelengths more effectively, tandem cells break through the theoretical efficiency limits of single-material solar cells.

As research progresses, tandem technology is expected to become more affordable and scalable, making ultra-high-efficiency solar panels the standard.

5. Thin-Film Solar Panels 

Thin-film panels, particularly cadmium telluride (CdTe) and copper indium gallium selenide (CIGS), have become more efficient and adaptable. These solar panels are lightweight, and flexible, and perform well in low-light and high-temperature conditions, making them ideal for urban environments and mobile applications.

6. Quantum Dot Solar Cells

Quantum dot solar cells, composed of semiconductor nanoparticles, are being developed to achieve higher conversion efficiencies by tuning their absorption spectrum. These cells offer potential efficiencies of 60% or more by capturing a broader range of light wavelengths.

7. Multi-Junction Solar Cells

 Multi-junction cells use multiple layers of materials, each capturing different parts of the light spectrum, enabling efficiencies as high as 50%. Currently used in space applications, these cells may soon be accessible for terrestrial use, especially in high-efficiency projects.

8. Floating Solar Farms

Floating solar farms are gaining attention for their innovative approach to energy generation, installed on lakes and reservoirs to address land use challenges. This technology offers several benefits: the water beneath the panels helps keep them cool, enhancing their efficiency and reducing the risk of overheating in high temperatures. Additionally, these solar installations help conserve water by minimizing evaporation from the surfaces of water bodies, thus preserving vital resources while generating clean energy.

9. AI and Smart Solar Technology  

Artificial intelligence is increasingly used to optimize solar installations, adjust panel positioning, and predict energy consumption. Integrating AI with solar technology can lead to smarter and more efficient power generation, especially for large-scale solar farms.

Read also: Top 10 Solar Panel Manufacturers in India

 Benefits of Adopting New Technology for Solar Energy

Adopting the latest solar technology brings numerous benefits, particularly as renewable energy becomes a central pillar of global energy strategies.

Increased Efficiency: New solar technologies can capture more energy from the same surface area and increase efficiency, making them ideal for limited space applications and urban settings.

Lower Long-Term Costs: Although the initial investment for newer technologies might be higher, enhanced efficiency, reduced material costs, and greater durability contribute to lower overall energy costs.

Enhanced Durability and Adaptability: Many advanced panels are designed to perform in diverse environments, from deserts to urban rooftops, ensuring stable energy production even in challenging conditions.

Environmental Impact: New solar technologies contribute to a greener, more sustainable production cycle by using sustainable materials and reducing dependency on high-energy manufacturing processes.

Greater Application Flexibility: Innovations like transparent panels and solar paint enable solar energy integration into windows, walls, and other non-traditional surfaces, transforming ordinary structures into energy-generating assets.

Latest Solar Panel Technologies vs. Traditional Panels: Efficiency Comparison

Feature	Latest Solar Technology	Traditional Solar Technology
Efficiency	Up to 30-50% with advanced cells	Generally around 15-20% for silicon panels
Performance in Low Light	Improved performance (e.g., HJT and bifacial panels)	Moderate performance
Temperature Coefficient	Better tolerance (e.g., HJT, thin-film panels)	More energy loss at high temperatures
Weight and Flexibility	Lightweight and flexible options are available	Heavier and rigid
Installation Options	Suitable for rooftops, windows, and mobile applications	Primarily suited for open areas and rooftops

The Future of Solar Panels in India

India has one of the world’s most ambitious renewable energy goals, aiming to reach 500 GW by 2030. The adoption of cutting-edge solar technologies will be essential to achieving this target. With government initiatives like the PM Surya Ghar Muft Bijli Yojana Scheme, PM-KUSUM scheme, and the National Solar Mission, India is actively investing in solar innovations to make solar more accessible to urban and rural areas alike. Additionally, the focus on local manufacturing and reduced dependency on imports will drive the deployment of advanced, efficient solar solutions.

India’s abundant sunlight makes it an ideal candidate for solar advancements like bifacial panels, HJT cells, and even experimental technologies like quantum dots and organic photovoltaics. By adopting these technologies, India can significantly reduce carbon emissions, increase energy security, and create green jobs, paving the way for a sustainable future powered by solar.

Conclusion

Solar technology is progressing rapidly, and the latest advancements in 2025 offer higher efficiency, lower environmental impact, and more versatile applications than ever before. Whether it’s through next-generation quantum dots or transparent panels for urban spaces, the future of solar energy holds exciting possibilities. By embracing these innovations, India and the world can achieve a cleaner, greener energy landscape for generations to come.

Read also: Will India Meet Revised Solar Rooftop Deadline by 2026?

Raman Bhatia, Founder and Managing Director, of Servotech Power Systems, talks about innovative approaches to advancing energy efficiency in the solar sector, from embracing the ‘Make in India’ initiative to pioneering new technologies.

Q1: Can you provide an overview of Servotech Power Systems’ contributions to energy efficiency in the solar sector?

Throughout its journey with a strong motto of providing high-quality solar solutions, Servotech made noteworthy contributions towards energy efficiency in the solar sector, through innovative technologies and solutions. By developing high-efficiency solar solutions that are both sustainable and reliable, Servotech has played its part in making solar energy a household name. The company has expanded its reach across various sectors. Servotech’s residential solar solutions empower homeowners to reduce their carbon footprint and electricity bills. The company provides solar solutions for industries, helping them reduce energy costs, improve their environmental quotient, and comply with sustainability regulations. Servotech caters to the commercial sector by offering rooftop and ground-mounted solar power plants helping them reduce electricity costs and enhance their brand image, Lastly, the company has been actively involved in executing solar projects for government institutions, aiding in the country’s renewable energy goals and by providing efficient and reliable solar solutions, we contribute to
the government’s efforts in promoting clean energy adoption.

Q2: What role does the ‘Make in India’ initiative play in your strategy to promote energy efficiency and sustainable solutions?

Make in India, a wonderful initiative by our government has definitely pushed manufacturers across all sectors, especially our sector, which is the renewable energy sector towards Indigenous manufacturing. By manufacturing solar components locally, we significantly reduce the carbon footprint associated with transportation and logistics. Local production often leads to cost reductions in solar products which makes solar energy more affordable for consumers, encouraging wider adoption and contributing to energy efficiency. The Make in India initiative also helps create employment opportunities in the solar sector, leading to skill development and a larger workforce dedicated to renewable energy. Domestic manufacturing reduces reliance on imports and strengthens the supply chain, ensuring uninterrupted production and reducing vulnerabilities to global disruptions.

Q3: How has Servotech adapted its solar solutions to meet the evolving energy efficiency standards?

Well, it has been more than two decades now. During this long journey, we have constantly worked on ourselves, renovated, and innovated ourselves to keep up with the evolving energy efficiency standards in terms of product development, innovation, and R&D. We have consistently incorporated the latest advancements in solar technology that includes the use of higher efficiency solar cells, advanced inverters, and optimized system components. We introduced innovative solar products and solutions that meet the evolving energy efficiency standards. This involves continuous research and development to create more efficient and sustainable products. We prioritize product performance and rigorous testing and quality control measures ensure that our products meet or exceed industry benchmarks and this relentless pursuit of excellence has positioned us as a leader and has helped us in delivering efficient and sustainable solar solutions.

Q4: Could you elaborate on the significance of the engineering and design process in achieving energy efficiency in your Solar EPC projects?

The engineering and design phase in solar EPC projects lays the foundation for optimal performance. It involves a careful analysis of site conditions, including solar radiation, shading, and environmental factors. By carefully selecting high-performance components and designing the system for optimal orientation and tilt, engineers maximize energy capture. Additionally, this phase focuses on minimizing energy losses through efficient wiring, component placement, and system integration. A well-engineered design ensures the solar system operates at peak performance, delivering substantial energy savings and a strong return on investment.

Q5: What measures does Servotech implement during the procurement and project execution phases to ensure optimal energy efficiency in its solar power projects?

Constructing a solar system involves a lot of phases with procurement and project execution being the most important ones. During the procurement phase, we prioritize the development of high-efficiency solar modules, solar inverters, and other components. Rigorous quality assurance processes and performance testing are conducted to verify that all components meet or exceed industry standards and are compatible with project requirements. In the project execution phase, Servotech conducts detailed site assessments to determine the optimal system orientation, tilt angle, and shading analysis. Strict adherence to installation guidelines and best practices ensures proper system integration and performance. Post-installation, the system undergoes comprehensive testing to verify energy efficiency and performance. Monitoring systems are often incorporated to track performance and identify areas for improvement.

Q6: How does your operation and maintenance service contribute to maintaining and enhancing the energy efficiency of installed systems?

Installing a solar system is just the first step; operating and maintaining it properly is equally important to ensure the system runs efficiently over the long term and for that we conduct regular inspections to detect and address issues like module degradation and inverter malfunctions early, preventing energy losses. Our team ensures optimal performance through routine cleaning and maintenance, which maximizes sunlight absorption and energy generation. Continuous performance monitoring using advanced data analytics allows us to optimize system settings, while preventive and corrective maintenance activities minimize downtime and equipment failures. By utilizing techniques such as module-level monitoring and inverter tuning, Servotech ensures that solar systems operate at peak efficiency, delivering maximum energy output and long-term cost savings.

Q7: In your view, how important are radiation data analytics and project feasibility studies in the planning of energy-efficient solar projects?

Radiation data analytics and project feasibility studies are absolutely critical for the successful planning of energy-efficient solar projects. Accurate radiation data allows for precise predictions of energy generation, system sizing, and financial returns. By analyzing radiation patterns, engineers can optimize system design, including orientation and tilt angles, to maximize energy capture. Feasibility studies help identify potential risks, such as shading or grid constraints, enabling proactive solutions. These studies also assess financial viability, considering ROI, payback periods, and incentives, ensuring projects are economically sound enabling data-driven decision-making throughout the project lifecycle.

Q8: Looking ahead, what are the key trends and innovations in energy efficiency that Servotech Renewable Power System plans to focus on in the near future?

Energy efficiency is a dynamic realm with the constant emergence of trends and innovations. The company recognizes the value these trends and innovations will add to the growth of energy efficiency in the solar sector. Our innovative product solar-powered EV charging carport integrates solar power with EV charging, which is an innovative take on how we can charge our EVs and also save energy from renewable sources. Additionally, Servotech plans to invest in enhancing the quality of bifacial solar panels to increase energy generation. We are investing in research and development of major solar developments and understand the importance of energy storage in enhancing grid stability and optimizing energy utilization and grid optimization. In fact, we are developing an energy storage system that will accelerate the adoption of renewable energy in low-electricity areas.
Exploring digitization of energy efficiency, we are focused on developing advanced monitoring and control systems to optimize system performance and predict maintenance needs. Lastly, to meet the growing demand for clean energy, we are exploring the integration of solar power with other renewable energy sources like wind and hydro to create hybrid power systems.

This Interview was originally published in Indian Cement Review: https://indiancementreview.com/2024/09/23/installing-a-solar-system-is-just-the-first-step-2/

Servotech has begun indigenous manufacturing of EV charger components, aligning with the Make in India initiative, further enhancing our role in India’s clean energy and sustainable infrastructure sectors, articulates Raman Bhatia, Founder and Managing Director of Servotech Power Systems Limited.

Q1: What were the key factors behind the company’s strong 41 percent year-on-year revenue growth in Q1FY25? With net profit growth at 9 percent, what strategies can be implemented to further enhance profitability?

The strong revenue growth was an amalgamation of many factors. However, key factors among them were the growing demand for EV chargers and renewable energy solutions, supported by government initiatives like the FAME scheme, PM Surya ghar muft bijli yojana, etc. The company’s strategic focus on expanding its presence across new markets, coupled with partnerships for large-scale EV infrastructure projects, also contributed significantly to revenue growth.

Additionally, continuous innovation and the introduction of high-tech products in the EV and solar segments helped capture a larger market share. Despite this strong revenue growth, there is room for improving profitability. Strategies to enhance margins include cost optimization through streamlining operations and improving supply chain efficiency, diversification into high-margin product lines, and expanding service offerings such as maintenance or subscription-based models. Furthermore, investing in automation and digital tools can help improve operational efficiency, reduce costs, and enhance overall profitability.

Q2: Could you provide insights into the company’s product portfolio and the contribution of each segment?

The company’s product portfolio majorly includes technologically advanced EV chargers which include a high range of both AC and DC EV Chargers and solar solutions like solar panels, solar inverters, and solar batteries. The company’s major source of revenue comes through EV chargers and solar solutions which are in high demand due to the shift toward sustainable energy.

We want to further capitalize on the growing market by expanding its offerings and scaling its operations in both the EV charging and solar energy sectors, solidifying its position as a key player in the green energy industry.

Q3: What is the company’s current order book, and how is it distributed among clients, particularly Oil Marketing Companies (OMCs)?

Servotech Power Systems Ltd. has a strong and diversified order book, demonstrating high demand for EV charging and solar solutions, especially from Oil Marketing Companies (OMCs). In 2024, the company secured an order for approximately 5,100 units of DC Fast EV chargers from BPCL, IOCL, HPCL, and other EV charger OEMs. Additionally, Servotech has an order for 52 EV charging stations from nodal agencies and DISCOMs.

The company also continues to work on solar projects, including a 1.2 MW Solar Energy Storage and Grid-connected System order from UPNEDA, expanding its presence in the renewable energy sector by promoting solar power solutions nationwide.

Q4: Is the company planning any capital expenditures? Additionally, what are its current top three strategic priorities?

Yes, the company is planning capital expenditures to support its growth in both EV charging infrastructure and renewable energy solutions. Investments will focus on expanding manufacturing capabilities, enhancing R&D for product innovation, and scaling the deployment of solar and EV charging systems.

The company’s top three strategic priorities include:

– Expanding Manufacturing Facility to meet the growing demand for EV chargers and solar energy solutions efficiently handling larger volumes of orders, reducing lead times, and maintaining high-quality standards across its product portfolio.

– R&D and Product Development through investing heavily in research and development to introduce new technologies, such as faster-charging solutions, smart energy management systems, and advanced solar inverters, catering to both domestic and international markets.

– Investment and In-house Development of EV Charger Components to reduce reliance on imports but also enhance the company’s control over product quality, supply chain resilience, and cost efficiencies.

Q5: What is your outlook for India’s electric equipment industry? Also, how does the company plan to leverage opportunities from government initiatives such as Make in India, the FAME Scheme, and the PM Suryodaya Yojana?

The future of India’s electrical equipment industry looks highly promising. According to reports, the market is projected to grow at a CAGR of 11.68 percent from 2023 to 2027, reaching a value of USD 52.98 billion, with the industry expected to double in size by 2030, achieving a market valuation of USD 130 billion.

Key drivers of this growth include the increasing number of residential and commercial building projects, rising power generation from renewable energy sources, and growing investments in the power sector. Servotech is well-positioned to capitalize on these opportunities, leveraging government initiatives like the PM Suryodaya Yojana. As an authorized vendor, the company has partnered with 62 DISCOMs to deliver cutting-edge solar solutions.

Additionally, Servotech has begun indigenous manufacturing of EV charger components, aligning with the Make in India initiative, further enhancing its role in India’s clean energy and sustainable infrastructure sectors.

Originally Published on: https://www.dsij.in/dsijarticledetail/interview-with-raman-bhatia-founder-and-managing-director-of-servotech-power-systems-limited-id004-43026

Raman Bhatia, Managing Director of Servotech Power Systems Ltd., has more than 25 years of experience in the field of renewable energy. He led the electric vehicle chargers and solar products business for Servotech Power Systems Ltd. When the company got listed on the NSE in 2017, he made a success out of the same. Leadership is most passionate about sustainability, clean energy solutions, and multiple awards under his leadership in the ‘green energy’ space.

The rise of sustainable energy is pivotal in the global battle against climate change, serving as an essential component for both planetary well-being and economic growth. As societies confront the pressing challenges of resource depletion, exploring alternatives like solar, wind, and hydropower becomes crucial for transitioning toward a sustainable future. Various sustainable energy sources offer significant benefits, but challenges must be overcome for widespread adoption. The role of industry leaders in fostering innovation and collaboration is crucial, as their efforts are transforming energy systems to create a greener tomorrow.

In an exclusive interview with SiliconIndia, Raman Bhatia, Managing Director of Servotech Power Systems Ltd. emphasized that digital transformation and strategic partnerships can be the best tools to foster innovation and ensure sustainability in a rapidly evolving market. Sustainability coupled with new technologies can efficiently meet new challenges while taking hold of new growth avenues for long-term growth.

1. How are industry leaders fostering innovation to stay competitive in today’s rapidly evolving market?

Embracing digital transformation is key to staying competitive in today’s rapidly evolving market. By investing in research and development (R&D) and forging strategic partnerships, leaders are leveraging advanced technologies like AI, and IoT, to streamline operations, enhance customer experiences, and create innovative products. Cultivating a culture of innovation that fosters employee creativity, experimentation, and calculated risk-taking keeps them ahead of market trends. Additionally, collaborating with startups and academic institutions allows access to cutting-edge ideas and technologies, driving continuous improvement and maintaining a competitive edge in an ever-changing landscape.

2. What key strategies are being adopted to promote sustainable growth while balancing profitability?

To achieve sustainable growth while balancing profitability, companies are adopting renewable energy solutions, optimizing resource efficiency, and embracing circular economy models. Leaders are prioritizing sustainable supply chains, using data analytics to minimize waste, and exploring new revenue streams in eco-friendly products and services to attract environmentally conscious consumers. Key strategies include focusing on long-term planning, reducing environmental impact, and maintaining social responsibility, all while aligning business practices with ethical and sustainable principles for lasting growth.

Leaders are prioritizing sustainable supply chains, using data analytics to minimize waste, and exploring new revenue streams in eco-friendly products and services to attract environmentally conscious consumers.

3. What role do sustainable practices play in shaping the future of businesses across different sectors?

Sustainable practices are essential for shaping the future of businesses by ensuring long-term viability, reducing environmental risks, and complying with regulatory standards. With growing consumer demand for eco-friendly products, companies are pressured to adopt sustainable strategies. In sectors like energy, automotive, and manufacturing, these practices drive innovation, lower costs through energy efficiency and waste reduction, and attract investors. By focusing on sustainability, businesses can enhance customer retention, mitigate risks, and unlock new opportunities for growth while addressing climate change.

4. What innovations in renewable energy are seen as pivotal to driving long-term sustainability efforts?

Key innovations in renewable energy include breakthroughs in solar technologies, advanced energy storage solutions like next-gen batteries, and smart grid systems that optimize energy distribution. Hydrogen fuel is emerging as a clean energy carrier for transportation and industry, while bioenergy innovations are reducing reliance on fossil fuels. These advancements are driving the global transition toward clean energy and enhancing the efficiency, cost-effectiveness, and reliability of renewable power.

5. How is digital transformation reshaping traditional industries and the way they operate?

Digital transformation is revolutionizing traditional industries by automating processes, optimizing supply chains, and enabling data-driven decision-making. Technologies like cloud computing, AI, and IoT are helping businesses enhance customer experiences, personalize services, and accelerate innovation. In sectors such as manufacturing, retail, and finance, digital tools are streamlining operations, reducing costs, and creating opportunities for new business models. This transformation is reshaping industries by improving efficiency, disrupting traditional value chains, and driving personalized, data-driven customer experiences.

6. How are businesses adjusting their budgets to meet changing market demands and ensure sustainable growth?

Businesses are reallocating budgets to prioritize investments in technology, sustainability initiatives, and innovation. By trimming unnecessary expenses and automating repetitive tasks, companies can invest in digital tools that provide long-term savings. They are adopting agile financial strategies that enable rapid adaptation to changing market demands while maintaining a focus on profitability and sustainable growth. This adjustment involves prioritizing innovation through research and development, investing in sustainable practices to enhance competitiveness, optimizing costs through process improvements, and building resilience against economic downturns and market fluctuations.

7. What emerging technologies hold the most potential for enhancing efficiency and customer engagement across sectors?

Emerging technologies such as artificial intelligence (AI), machine learning, blockchain, and 5G are playing a transformative role in the renewable energy sector, significantly enhancing efficiency and customer engagement. AI-driven solutions optimize energy consumption and improve predictive maintenance, while machine learning algorithms analyze vast amounts of data for better decision-making. Blockchain technology facilitates secure and transparent energy transactions, enabling peer-to-peer energy trading and enhancing supply chain traceability. Internet of Things (IoT) devices connect renewable energy sources, such as solar panels and wind turbines, to smart grids, allowing for real-time monitoring and improved resource management. Additionally, advancements in robotics automate maintenance tasks, enhancing safety and operational efficiency. These technologies are paving the way for a more sustainable energy future, driving innovation and growth in the renewable energy landscape.

Note: This Interview is Originally Published on SiliconIndia.com

Click the link: https://industry.siliconindia.com/viewpoint/ceo-insights/sustainable-solutions-how-industry-leaders-are-shaping-the-future-of-renewable-energy-nwid-47118.html

New to the world of EVs and EV charging? There are a few key terms you should know. In this blog, we’ll simplify essential EV terminology to help you understand how electric vehicles and their charging systems work. From batteries to charging, this quick guide is designed to make EV technology easy to grasp for people who want to know more about EVs and EV charging.

List of Basic Electric Vehicle Terms that you should know

A

AC (Alternating Current): A form of electric current that consumers use when they plug in kitchen appliances, fans, televisions, etc.

Amp (Short for Ampere): Unit used to measure electric current.

B

Battery: The battery is the energy center of the EV and is recharged by plugging the EV into a charging point.

Battery Pack: The battery system in an EV, is composed of modules, high-voltage hardware & protective features.

BEV (Battery Electric Vehicle): BEVs are vehicles that utilize the energy stored in rechargeable battery packs.

Battery Management System: An electronic system within the vehicle that manages & protects the battery.

C

Charging: EVs require an EV charger to keep the battery full, just like any chargeable device. This process is called charging.

Charging Point: A piece of equipment that supplies electrical power for charging EVs.

Charging Station: A facility with one or more electrical outlets for recharging the batteries of EVs.

CCS (Combined Charging System): It is a standard for charging EVs with AC & DC. Both AC & DC vehicle connectors can be charged via the vehicle inlet. It is a European standard connector now used globally.

CSMS (Charging Station Management Software): A system built for managing, controlling & optimizing the EV charging process.

Captive Charging Station: an exclusive facility for charging of EVs owned or controlled by the owner of the charging station or governed by him under a business agreement. 

Central Nodal Agency: Central Nodal Agency is responsible for the rollout of public EV charging infrastructure across the country. 

Charge Point Operator (CPO): any individual/entity operating the EV Charging Station. 

Charger Management System (CMS):  a system used by fleet operators, charge point operators, and others, to monitor and optimize electric vehicle charging operations. 

Community Charging Station:  semi-public charging station installed at Group Housing Societies or other residential accommodations where only residents or authorized visitors can get their EV charged.

D

DC (Direct Current): One-directional flow of electric charge. Fast chargers for EVs make use of DC.

DC Fast Charging: Offers accelerated charging away from home, primarily available at public charging stations. This type of charging allows for high power transfer and faster recharges.

E

EV (Electric Vehicle):  any vehicle propelled, partly or wholly, by an electric motor drawing current from a rechargeable storage battery, other portable energy storage devices, or other self-generating electric source, 

Electric Vehicle Charging Infrastructure (EVCI):  Network of charging stations catering to diverse EV charging requirements and includes components such as EVSE, connection to DISCOM’s supply system including electricity meter, Power Management System for energy optimization, energy distribution, grid stability and renewables integration, Communication network to assist data exchange in real-time and remotely manage EV charging stations, cables, connectors, RFID tags, software applications, circuit breakers, solar panels (if connected), civil work, smart meter, transformer, etc.

 Electric Vehicle Supply Equipment (EVSE): element in Electric Vehicle Charging Infrastructure (EVCI) that supplies electric energy for recharging the battery of electric vehicle

F

FCEV (Fuel Cell Electric Vehicle): A type of EV that uses a fuel cell instead of a battery, or in combination with a battery.

G

Green House Gases: Conventional vehicles emit greenhouse gases (such as carbon dioxide & methane). These are the ultimate causes of global warming.

Grid: Electricity supply mechanism. The EV ultimately draws power from the grid.

Group Housing Society (GHS): a building unit constructed or to be constructed with one or more floors having more than two dwelling units having common service facilities where land is owned jointly (as in the case of co-operative societies or the public agencies, such as local authorities or housing boards, etc.) 

H

HEV (Hybrid Electric Vehicle): An HEV utilizes a dual system of electric propulsion & an internal combustion engine.

Home charging: Plugging your EV when it is parked at home (typically overnight). A dedicated home charging point is the safest way of doing this.

I

ICE (Internal Combustion Engine): An engine powered by fuel in the form of petrol or diesel.

Incentives: Governments offer benefits to encourage buyers to choose an EV.

K

kW (kilowatt): A unit of electric power.

kWh (kilowatt-hour): The basic measurement of an EV’s energy – how much power (kilowatts) it can supply over a period of time (hours).

L

Lithium-ion battery: Also known as a Li-ion, it is a common rechargeable battery.

Level 1 charging: Charging your EV using a common household outlet up to 120v. Level 1 is the slowest method of charging and can take up to 24 hours to fully charge your EV.

Level 2 charging: Charge your EV at 240v using an installed outlet. Level 2 chargers are the most recommended chargers for EV owners.

Level 3 charging: Also known as DC charging, the fastest method of charging for all EVs. It can fully charge an EV battery in about half an hour.

N

Network Service Provider (NSP): with respect to any electronic record is an intermediary which receives, stores transmits, or provides any service with respect to that record. This includes telecom service providers, internet service providers, web-hosting service providers, search engines, online payment sites, online auction sites, online places, and cyber cafes. 

O

OEM (Original Equipment Manufacturer): A manufacturer of vehicles, vehicle parts & related services. Usually, the term is used for EV manufacturers.

Off-peak charging: Charging your electric vehicle at low-cost off-peak hours (usually at night).

OCPP (Open Charge Point Protocol): A protocol of communication between EV charging stations & charging management systems (even when produced by different vendors). 

 Open Access: It means non-discriminatory provision for the use of transmission lines or distribution systems or associated facilities with such lines or systems by any licensee or consumer or a person engaged in generation in accordance with the regulations specified by the Appropriate Commission.

Open Automated Demand Response (Open ADR): It is an open, highly secure, and two-way information exchange model and Smart Grid standard to standardize, automate, and simplify Demand Response (DR) and Distributed Energy Resources (DER) to enable utilities and aggregators to cost-effectively manage growing energy demand & decentralized energy production, and customers to control their energy future

Open Charge Point Interface (OCPI): a communication protocol that supports information exchange between multiple network service providers (NSPs) and charge point operators to enable automated roaming between public charging networks for the ease of EV charging. 

 Open Charge Point Protocol (OCPP): an open protocol used for communication between EVSE and the Charger Management system. 

P

PHEV (Plug-in Hybrid Electric Vehicle): A hybrid electric vehicle whose battery pack can be recharged by plugging a charging cable into an external power source.

Public charging: Charging infrastructure in public spaces accessible to everyone.

PM E-Drive: PM E-Drive, or the PM Electric Drive Revolution in Innovative Vehicle Enhancement, is a scheme by the government. It provides INR 36.79 billion in incentives to promote battery-powered two-wheelers, three-wheelers, ambulances, trucks, and other advanced EVs.

 Public Charging Station (PCS): EV charging station where any electric vehicle can get its battery recharged, without access restriction.

R

Range: The total distance an EV can travel on one full charge before the battery needs to be recharged.

Range anxiety: Stress caused due to the fear that an electric car will run out of battery power before the destination is reached.

Regenerative braking: A method of breaking used by an EV in which energy generated from the braking of the vehicle is stored and used.

Roaming: Roaming for EV charging enables drivers to charge their EVs with charging stations of different networks, using a single account.

S

SoC (State of Charge): The level of charge of an electric battery relative to its capacity.

Smart Charging: It is a way to optimize the charging process according to distribution grid constraints, utilization of renewable energy sources, and customer preference. This helps reduce transformer overloading requirements for enhancing the capability of the grid and mitigating voltage fluctuation in grids having high penetration of renewable energy sources. Smart charging includes bi-directional vehicle-to-grid integration

State Nodal Agency (SNA): an agency designated by the government for the rollout of Public EV Charging Infrastructure in the state. 

T

Top-up charging: Make use of the time your EV is not in use to add charge to your battery (usually when outside).

U

Unified Energy Interface (UEI): a standard and interoperable network based on open source Beck Protocol, which facilitates interoperability among charging networks, flexible demand response, grid services, and cloud storage. 

V

V2G (Vehicle to grid): A system that allows Electric Vehicles to communicate with the power grid to manage the flow of electricity in either direction.

W

Watt: The basic measurement of electrical power.

Z

Zero emission: Zero emission refers to an engine, motor, or process that emits no greenhouse gas.

On 11th September 2024, the Government of India announced the launch of the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE Scheme). This initiative aims to propel India towards a sustainable and electric mobility future. With an investment of ₹10,900 crore over the next two years, the scheme focuses on promoting electric vehicles (EVs) across various categories and establishing essential infrastructure for their smooth operation.

What is the PM E-Drive Scheme?

PM E-DRIVE stands for Prime Minister’s Electric Drive Revolution in Innovative Vehicle Enhancement. This comprehensive scheme has been designed to push for large-scale adoption of electric vehicles, reduce the country’s dependence on fossil fuels, and tackle environmental concerns like air pollution.

The PM E-Drive Scheme is a government initiative aimed at accelerating the adoption of electric vehicles (EVs) in India. Announced with a budget of ₹10,900 crore, this scheme focuses primarily on electrifying two-wheelers, ambulances, and commercial vehicles like trucks, with the goal of reducing India’s reliance on fossil fuels and curbing vehicular emissions. Unlike previous programs, such as FAME I and FAME II, which offered broad incentives for electric cars and other EVs, the PM E-Drive Scheme takes a more targeted approach, excluding electric cars and emphasizing public and commercial transportation sectors that are slower in EV adoption.

Key Components of the PM E-DRIVE Scheme

The PM E-DRIVE Scheme consists of various components to ensure the holistic promotion and adoption of electric mobility in India. Here’s a breakdown of the major elements:

1. Subsidies and Incentives:

• ₹3,679 crore has been allocated for subsidies to incentivize the purchase of electric two-wheelers (e-2Ws), electric three-wheelers (e-3Ws), e-ambulances, e-trucks, and other emerging electric vehicles.
• These incentives are crucial for making EVs more affordable and accessible to the general public, helping to increase their penetration across different sectors.
• Special E-vouchers will be provided to buyers, enabling them to avail of demand-side incentives under the scheme.

2. Incentives for E-trucks:

A dedicated allocation of ₹500 crore has been made to incentivize the deployment of electric trucks (e-trucks) in the country. These incentives are expected to accelerate the transition of the logistics and goods transportation sector towards cleaner electric vehicles.

3. E-ambulances:

₹500 crore has also been reserved for the deployment of e-ambulances, further modernizing emergency medical services by introducing environmentally friendly, battery-operated ambulances across the nation.

4. Infrastructure Development:

The scheme lays a strong emphasis on building the necessary charging infrastructure for electric vehicles. To this end:

• 22,100 fast chargers will be installed for four-wheelers (e-4Ws).
• 1,800 fast chargers will be set up for electric buses (e-buses).
• 48,400 fast chargers will cater to electric two-wheelers (e-2Ws) and three-wheelers (e-3Ws).
• An additional ₹2,000 crore will be allocated for the EV public charging station (PCS) network, ensuring that EV users have access to charging facilities across the country.

5. Public Transport Electrification:

A significant ₹4,391 crore has been set aside for the procurement of 14,028 electric buses (e-buses) to be operated by State Transport Undertakings (STUs) and other public transport agencies. This move is expected to enhance public transport while significantly reducing carbon emissions and urban air pollution.

6. Preference for E-buses in Cities/States:

Under the PM E-DRIVE Scheme, priority will be given to cities and states that are actively procuring electric buses after scrapping old State Transport Undertaking (STU) buses. This step ensures that regions transitioning to eco-friendly buses will benefit the most from government support.

Expected Impact of PM E-DRIVE Scheme

The PM E-DRIVE Scheme is set to transform India’s mobility sector by accelerating the transition to electric vehicles. With substantial subsidies, infrastructure investments, and a focused approach on electrifying public transport, the initiative will bring the following benefits:

• Cleaner Air: The shift from internal combustion engine vehicles to electric vehicles will reduce air pollution, especially in urban areas.
• Energy Independence: By reducing reliance on fossil fuels, the scheme will help India in its energy independence journey.
• Boost to EV Industry: The incentives and infrastructure boost will drive growth in India’s electric vehicle manufacturing sector.
• Better Public Transport: With the electrification of thousands of public transport buses, citizens can expect a smoother, quieter, and cleaner commuting experience.

Conclusion

The PM E-DRIVE Scheme is a bold and forward-thinking initiative by the Indian government to promote electric mobility. With substantial financial support, infrastructure development, and targeted incentives, the scheme will significantly accelerate the adoption of EVs across different sectors. This move is a major step towards achieving India’s green mobility goals, reducing carbon emissions, and setting an example for sustainable urban transport solutions. India is taking a giant leap into the future with this electric revolution, paving the way for a cleaner, greener tomorrow.

The PM Surya Ghar Muft Bijli Yojana 2024 Online Registration Process has already begun and it is time to avail government subsidies. In this blog, we will tell you everything that you need to know about the PM Surya Ghar Muft Bijli Yojana. Read till the end of the blog and you will know about the full scheme, Objectives, Eligibility, Benefits, and How to Apply Online for this scheme.

What is PM Surya Ghar Muft Bijli Yojana? 

When announcing the interim budget 2024-25, Nirmala Sitharaman announced a new rooftop solar scheme, subsequently, the Prime Minister on 15 February 2024 launched the PM Surya Muft Bijli Yojana. The government aims to install solar panels in 1 crore households throughout the country throughout this scheme. Under this scheme, households who are installing solar panels on their rooftops will get 300 units of free electricity. Through this scheme, poor and middle-class households will be able to save up to Rs. 15,000 to Rs. 18,000 annually by getting solar electricity and selling surplus power to electricity distribution companies. Substantive subsidies that will cover up to 40% of the cost of installation of the solar panel will be provided directly to people’s bank accounts by the central government, and bank loans will be provided to ensure that there is no cost burden on the people. This scheme will also help the government save around Rs. 75,000 crore per year on electricity costs. Documents like proof of identity, proof of address, and electricity bill are required to inform you of the benefits of this scheme. 

Read also: Here Is What You Should Know About Pradhan Mantri Suryodaya Yojana

Objectives of PM Surya Ghar Muft Bijli Yojana

The objective of this scheme is to move towards sustainable energy practices, reduce the electricity costs of the house by installing rooftop solar panels and using solar energy, overall, decreasing dependency on conventional energy sources.

Eligibility for PM Surya Ghar Muft Bijli Yojana

• Applicants must own a place suitable for rooftop solar panel installation.
• Applicants must have a valid electricity connection.
• Applicants must be Indian.
• Applicants must be from the poor or middle class.
• Applicants should not have previously received any other subsidy for solar panels.

Benefits of the  PM Surya Ghar Muft Bijli Yojana

• Annual savings of Rs. 15,000 to Rs. 18,000  from solar electricity and selling excess power to distribution companies.
• Households receive loan facilities at low interest rates without any collateral or subsidies for installing solar panels.
• Entrepreneurship opportunities for vendors supplying and installing solar panels.
• Employment opportunities for youth possessing technical skills in solar panel installation and maintenance.
• Reduction in electricity costs for the government.
• Increased use of renewable energy and reduction in carbon emissions

Subsidy Structure 

Under this Rooftop Solar Scheme, the government will provide the subsidies for installing solar panels:

• For 2 kW – Rs. 30,000 per kW 
• For 3 kW – Rs. 18,000 per kW 
• For systems larger than 3 kW – Maximum Rs. 78,000

The suitable rooftop solar plant capacity for households is as follows:

Average monthly electricity Consumption (units)	Suitable Rooftop Solar Plant Capacity	Subsidy
0-150	1-2 kW	Rs. 30,000 to Rs. 60,000
150-300	2-3 kW	Rs. 60,000 to Rs. 78,000
>300	Above 3 kW	Rs. 78,000

Group Housing Societies (GHS) and Resident Welfare Associations (RWA) can get a subsidy of Rs. 18,000 per kW for shared facilities, including EV charging stations, up to 500 kW capacity, and the cost is Rs. 3 per kW for each house. This subsidy also covers individual rooftop solar plants installed by residents.

PM Surya Ghar Muft Bijli Yojana 2024 Registration Process

1. Visit the Official Website: Visit the PM Surya Ghar Muft Bijli Yojana’s official website.
2. Apply for Rooftop Solar: Click on the ‘Apply for Rooftop Solar’ button on the left side of the homepage.
3. Select Details: Choose your state, district, and electricity distribution company. Enter your customer account number and click ‘Next’.
4. Enter Contact Information: Provide your mobile number and email address, then follow the instructions to complete the registration.
5. Log In: Log in to your account using your account number and mobile number.
6. Apply for Rooftop Solar: Complete the application form for ‘Rooftop Solar’.
7. Feasibility Approval: Feasibility Approval is the process in which there is a final check by the concerned electricity company to ensure that the provided details are correct and that the area is sufficient and feasible for rooftop solar installation. Once it is approved by DISCOM, install the solar plant through a registered vendor in your DISCOM area. Find a registered vendor near you by clicking here and entering your state in the search bar.
8. Submit Plant Details: After installation, submit the plant details and apply for a net meter.
9. Inspection and Certification: Following the net meter installation and DISCOM inspection, a commissioning certificate will be generated from the portal.
10. Receive Subsidy: Once you have the commissioning report, log into the PM Surya Ghar Muft Bijli Yojana portal to submit your bank account details and a canceled cheque. The subsidy will be deposited into your bank account within 30 days after submitting the details.

Read also: UP Government all set to Solarize 25000 Homes in Varanasi