Sarkari Yojana
Grant of Subsidy for Purchase of ‘Electric Vehicles’ to Consumers in State of Goa
About Grant of Subsidy for Purchase of ‘Electric Vehicles’ to Consumers in State of Goa
The Department of New and Renewable Energy, Government of Goa, introduced the “Grant of Subsidy for Purchase of ‘Electric Vehicles’ to Consumers in State of Goa”. It gives financial help as a subsidy for buying or converting Electric two-wheelers, three-wheelers and four-wheelers, and also offers scrapping incentives for old vehicles, incentives for vehicles made locally in Goa, and low-cost loans through Convergence Energy Services Limited (CESL). The Goa Energy Development Agency (GEDA) implements the scheme, and applications are handled on a First Come First Serve (FCFS) basis.
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for Grant of Subsidy for Purchase of 'Electric Vehicles' to Consumers in State of Goa, applicants must satisfy the following conditions:
Permanent residence in Goa is required
Permanent residence in Goa is required.
The person claiming the Purchase Incentive has to…
The person claiming the Purchase Incentive has to be the registered owner of the Electric Vehicle.
The vehicle must be an Electric Two Wheeler,…
The vehicle must be an Electric Two Wheeler, Three Wheeler, or Four Wheeler bought or converted within the State of Goa.
To get low-cost loans and financial incentives from…
To get low-cost loans and financial incentives from Convergence Energy Services Limited, the Electric Vehicle has to be purchased from them.
Benefits Provided
Grant of Subsidy for Purchase of 'Electric Vehicles' to Consumers in State of Goa provides the following benefits to eligible applicants:
State Subsidy (Quantum of Subsidy per kilowatt-hour)
Financial Year 2021-2022
Financial Year 2021-2022: Two Wheelers, Three Wheelers, and Four Wheelers get ₹10,000/- per kilowatt-hour (kWh).
Financial Year 2022-2023
Financial Year 2022-2023: Two Wheelers, Three Wheelers, and Four Wheelers get ₹8,000/- per kilowatt-hour (kWh).
Financial Year 2023-2024
Financial Year 2023-2024: Two Wheelers, Three Wheelers, and Four Wheelers get ₹6,000/- per kilowatt-hour (kWh).
Financial Year 2024-2025
Financial Year 2024-2025: Two Wheelers, Three Wheelers, and Four Wheelers get ₹4,000/- per kilowatt-hour (kWh).
Financial Year 2025-2026
Financial Year 2025-2026: Two Wheelers, Three Wheelers, and Four Wheelers get ₹2,000/- per kilowatt-hour (kWh). Capping of State Subsidy (Maximum amounts)
Two Wheeler
Two Wheeler: up to ₹30,000/- (limited to 3,000 vehicles).
Three Wheeler
Three Wheeler: up to ₹60,000/- (limited to 50 vehicles).
Four Wheeler
Four Wheeler: up to ₹3,00,000/- (limited to 300 vehicles). Scrapping Incentives (Goa Government Incentive for scrapping of vehicle)
Two Wheeler
Two Wheeler: ₹5,000/- offered.
Three Wheeler
Three Wheeler: ₹10,000/- offered.
Four Wheeler
Four Wheeler: ₹10,000/- offered. Other Contribution for Scrapping of Vehicle by Original Equipment Manufacturer (OEM) or Convergence Energy Services Limited (CESL)
Two Wheeler
Two Wheeler: ₹5,000/- contributed.
Three Wheeler
Three Wheeler: no contribution (NIL).
Four Wheeler
Four Wheeler: no contribution (NIL).
Incentive for Vehicle Manufactured in Goa
Incentive for Vehicle Manufactured in Goa:
Two Wheeler
Two Wheeler: ₹5,000/- provided.
Three Wheeler
Three Wheeler: ₹10,000/- provided.
Four Wheeler
Four Wheeler: ₹15,000/- provided. Central Government Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME)-II Scheme Subsidy: Available where applicable. Low Cost Loans: Consumers who buy their Electric Vehicle from Convergence Energy Services Limited can get low cost loans from it for the purchase. Training and Capacity Building: Local youths will receive training/capacity building in electric vehicle servicing from Convergence Energy Services Limited. Benefit Disbursal Conditions
The Department of New and Renewable Energy decides…
The Department of New and Renewable Energy decides the total financial subsidy amount.
Subsidies are paid out on a First Come…
Subsidies are paid out on a First Come First Serve (FCFS) basis.
The beneficiary receives the subsidy as a single…
The beneficiary receives the subsidy as a single installment, i.e., 100% upon purchase or conversion of the vehicle.
For converting an Old Internal Combustion Engine vehicle…
For converting an Old Internal Combustion Engine vehicle into an Electric Vehicle using a retrofitting kit, the Purchase Incentive is based on battery capacity or the State subsidy cap, whichever is lower.
Consumers who buy an Electric Vehicle directly from…
Consumers who buy an Electric Vehicle directly from a dealer and claim benefits from the Government of Goa cannot also get financial assistance from Convergence Energy Services Limited. Post-Selection Obligations
The purchase incentive for conversion depends on the…
The purchase incentive for conversion depends on the Regional Transport Office approving the retrofitting kit, which the beneficiary must ensure.
An Electric Vehicle owner claiming a Scrapping Incentive…
An Electric Vehicle owner claiming a Scrapping Incentive has to get the Regional Transport Office to confirm scrapping and de-registration of the old Internal Combustion Engine vehicle, since reimbursement depends on that confirmation.
Documents Required
Applicants should keep the following documents ready before starting the application:
A copy of the Registration Certificate book
A copy of the Registration Certificate book.
The vehicle's insurance papers
The vehicle's insurance papers.
Needed to prove eligibility
Needed to prove eligibility: (Inferred from explicit eligibility criteria)
An Aadhar Card issued in Goa
An Aadhar Card issued in Goa.
A Driving License issued in Goa
A Driving License issued in Goa. For Specific Incentives/Conditions
The Regional Transport Office's confirmation that the Internal…
The Regional Transport Office's confirmation that the Internal Combustion Engine vehicle has been scrapped and de-registered. (Needed to reimburse the Scrapping Incentive).
The Regional Transport Office's approval of the retrofitting…
The Regional Transport Office's approval of the retrofitting kit. (Needed to claim the Purchase Incentive for converting an old Internal Combustion Engine vehicle).
How to Apply
Offline Application
Applicants can apply for Grant of Subsidy for Purchase of 'Electric Vehicles' to Consumers in State of Goa through the offline application process outlined below.
Application Process
How benefits under the "Scheme for Promotion of Electric Vehicles in the State of Goa" are applied for and paid out depends on the way the Electric Vehicle (EV) is acquired.
Disbursement Through Convergence Energy Services Limited (CESL)
When a consumer buys the Electric Vehicle from Convergence Energy Services Limited (CESL), the financing is structured to lower the upfront cost.
Upfront Reduction:
CESL will "club the incentives" available under the Central Government's Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME)-II scheme (as applicable) together with the State Government's proposed subsidy and the Original Equipment Manufacturer (OEM) contribution.
Purpose:
Combining these incentives is meant specifically "to reduce the upfront cost of the vehicle to the consumer".
Loans:
Low-cost loans for buying the Electric Vehicle are also offered to consumers by CESL.
Condition:
This financial assistance and upfront cost reduction is only available when the vehicle is bought directly from CESL.
Disbursement Through Direct Purchase/Conversion (State Subsidy)
A consumer who chooses to buy the Electric Vehicle "directly from dealer and avail benefits from Government of Goa" will not receive CESL's financial assistance.
In that case (and also when an existing vehicle is converted), the State subsidy is paid to the beneficiary once purchase and registration conditions have been fulfilled.
Disbursement Pattern:
Payment is made "in a single installment to the beneficiary concerned i.e. 100% on purchase/conversion of the vehicle".
Documentation Requirement:
The beneficiary receives this payment upon "production of documents of purchase/conversion i.e. copy of Registration Certificate book and Insurance".
Scrapping Incentive
Where the EV's registered owner claims the Scrapping Incentive, it is reimbursed only after the Regional Transport Office (RTO) confirms that the old Internal Combustion Engine (ICE) vehicle has been scrapped and de-registered.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.