Current Affairs Exam

Modifications in FAME II Scheme

The FAME II scheme was modified by the Department of Heavy (DHI).

Highlights:

The goal of the modification is to encourage the use of electric vehicles.

The implementation of a demand incentive of Rs. 15,000 per kWh for electric two-wheelers, with a maximum cap of 40% of the vehicle’s cost.

Energy

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Efficiency Services Limited has launched an Aggregate Demand for 300,000 electric three-wheelers.
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