As per the Goa government their vision is to establish Goa state as a model of International Standards for Electric Vehicle adoption across passenger and commercial segments, supported by a world-class charging infrastructure and eco-system. This would be achieved by active incorporation of all sustainable initiatives including smart-city development, promotion of energy conservation and creation of integrated transport mechanisms.
The government plans to ensure that 30% of annual vehicles registered in Goa, starting from the year 2025, would be electric. Other aims of the government include converting 50% of all ferries to electric by 2025, creating 10,000 direct and indirect jobs in the sector by 2025, encouraging start-ups and investment in the field of electric mobility and associated sectors, promoting service units which would include electric vehicles and battery repair and maintenance stations, promoting R&D, innovation and skill development within the EV sector, providing Financial Incentives - Purchase incentives, Scrapping incentives, Interest subvention on loans, providing waiver on road tax and registration fees, and establishing a wide network of charging stations and swappable battery stations, and develop publicly owned database of the same.
The Department of New and Renewable Energy takes responsibility for administration of the policy including constitution of State Electric Vehicle Board, with officials from Govt. of Goa, Department of Transport, Goa Electricity Department, Goa Energy Development Authority & Convergence Energy Services Limited (CESL) as its key members, establish a dedicated EV cell, and develop an intensive public outreach program focused on creating awareness about the benefits of electric vehicles and key elements of the policy. The state also plans to give manufacturers of EV incentives, including Capital subsidy of up to 20% of Fixed Capital Investment (FCI), 100% net SGST reimbursement for 5 years, and 100% stamp duty exemption.
A purchase incentive of INR 10,000 per kWh of battery capacity will also be provide per vehicle to the registered owner. Road tax and registration fees will also be waived for all Battery electric vehicles.