IESA submitted Budget expectations to MoF dated- 28.1.21. Few expectations from Budget 2021 mentioned in the enclosed letter are listed below
GST reduction for batteries & charging / swapping: Suggested rate of 5%
Duties for cells and supply chain components including raw and processed materials as well as manufacturing equipment: reduced rate to 5% minimum from higher duties
Tax benefits (exemption of Charges & Duties) relaxation to Storage Projects
Extension of Fame II incentivization
Incentivise MSME sector and Start Up Eco system of Energy Storage and E-mobility
Revenue Shortfall Scheme for Manufacturing Sector
Government funds for domestic R&D Initiatives
Institution for Energy Storage Technology Development
Affordable EV retail financing
Vehicle Scrappage Policy Incentives
Published :
28th Jan 2021
IESA wrote a letter to PMO dated 10th Dec to convey its deepest gratitude towards announcement of Production Linked Incentives (PLI) Scheme to key sectors including Advanced Chemistry Cell Battery Manufacturing. Niti Aayog’s subsequent release of Model Bid Documents for ACC Manufacturing Program further strengthen the seriousness of the government in making advanced cell battery storage as the 'Champion Sector'.
Published :
10th Dec 2020
IESA wrote a letter to PMO dated 6th Nov with the Request to expedite launch of National Programme on Advanced Chemistry Cell Giga Factory Manufacturing Plan.
Published :
5th Nov 2020
IESA urged the Government to expedite launching the Advanced Chemistry Cell Battery Manufacturing Mission and associated demand-side initiatives without any further delays. While it is a step towards securing India’s energy needs and an impetus to emobility, an immediate decision with proactive follow-up actions can endeavour us to be amongst the front-runners icn this vital industry.
Published :
22nd Sep 2020
Based on the round table conference for building up of robust Battery Swapping framework, IESA submitted the recommendations to MoP vide this email on behalf of the industry.
Published :
24th Aug 2020
Based on the round table conference for building up of robust Battery Swapping framework, IESA submitted the recommendations to Morth vide this email on behalf of the industry.
Published :
24th Aug 2020
Based on the round table conference for building up of robust Battery Swapping framework, IESA submitted the recommendations to Niti Aayog vide this email on behalf of the industry.
Published :
24th Aug 2020
Based on the round table conference for building up of robust Battery Swapping framework, IESA submitted the recommendations vide this email on behalf of the industry.
Published :
17th Aug 2020
IESA wrote a letter to PMO regarding industry concerns about delay in launch of the actual mission to your kind notice and importance of launching Giga Factory Manufacturing plan on war footing basis.
Published :
9th Jul 2020
IESA sent the Congratulatory letter to Shri R P Gupta for taking charge as Secretary, MoEFCC.
Published :
25th Jun 2020
This is in reference to the notification No. 42/6/2011-R&R (Vol-VIII) dated April 17, 2020,vide which comments/ suggestions were sought on the Proposed amendment to Electricity Act, 2003. In this regard, IESA submitted its suggestions/recommendations for kind consideration of Hon’ble Ministry.
Published :
8th Jun 2020
IESA wrote a Congratulatory letter to Shri Indu Shekhar Chaturvedi for taking charge as Secretary, MNRE along with update on Energy Storage Industry wish list.
Published :
21st May 2020
In reference to an initiative by IESA for its members to support government bodies through discussion and contribution to create robust energy storage & EV policy for India, a kick-off Policy Working Group meeting was held on May 5, 2020. Chaired by Ms Bindu Madhavi, IESA, co-chaired by Mr Shashank Adlakha, Renew Power and attended by many esteemed members (list attached).
Published :
20th May 2020