The scheme provides financial assistance in the form of a subsidy for the purchase or conversion of Electric two-wheelers, three-wheelers, and four-wheelers, along with scrapping incentives for old vehicles, incentives for local manufacturing in Goa, and low-cost loans provided by CESL.
The scheme provides financial assistance in the form of a subsidy for the purchase or conversion of Electric two-wheelers, three-wheelers, and four-wheelers, along with scrapping incentives for old vehicles, incentives for local manufacturing in Goa, and low-cost loans provided by CESL.
##### ***State Subsidy (Quantum of Subsidy per kilowatt-hour)*** - Financial Year 2021-2022: ₹10,000/- per kilowatt-hour (kWh) for Two Wheelers, Three Wheelers, and Four Wheelers. - Financial Year 2022-2023: ₹8,000/- per kilowatt-hour (kWh) for Two Wheelers, Three Wheelers, and Four Wheelers. - Financial Year 2023-2024: ₹6,000/- per kilowatt-hour (kWh) for Two Wheelers, Three Wheelers, and Four Wheelers. - Financial Year 2024-2025: ₹4,000/- per kilowatt-hour (kWh) for Two Wheelers, Three Wheelers, and Four Wheelers. - Financial Year 2025-2026: ₹2,000/- per kilowatt-hour (kWh) for Two Wheelers, Three Wheelers, and Four Wheelers. ##### ***Capping of State Subsidy (Maximum amounts)*** - Two Wheeler: Not exceeding ₹30,000/- (for a maximum of 3,000 vehicles). - Three Wheeler: Not exceeding ₹60,000/- (for a maximum of 50 vehicles). - Four Wheeler: Not exceeding ₹3,00,000/- (for a maximum of 300 vehicles). ##### ***Scrapping Incentives (Goa Government Incentive for scrapping of vehicle)*** - Two Wheeler: ₹5,000/-. - Three Wheeler: ₹10,000/-. - Four Wheeler: ₹10,000/-. ##### ***Other Contribution for Scrapping of Vehicle by Original Equipment Manufacturer (OEM) or Convergence Energy Services Limited (CESL)*** - Two Wheeler: ₹5,000/-. - Three Wheeler: Not applicable (NIL). - Four Wheeler: Not applicable (NIL). - Incentive for Vehicle Manufactured in Goa: - Two Wheeler: ₹5,000/-. - Three Wheeler: ₹10,000/-. - Four Wheeler: ₹15,000/-. ***Central Government Faster Adoption and Manufactur
Step 1: Offline application — step 1
The application and disbursement process for the financial benefits under the "Scheme for Promotion of Electric Vehicles in the State of Goa" vary depending on the method used to acquire the Electric Vehicle (EV).
Step 2: Offline application — step 3
Disbursement Through Convergence Energy Services Limited (CESL)
Step 3: Offline application — step 4
If the consumer chooses to purchase the Electric Vehicle from Convergence Energy Services Limited (CESL), the financial structure is designed to reduce the upfront cost. Upfront Reduction: CESL will "club the incentives" provided under the Central Government's Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME)-II scheme (as applicable), along with the subsidy proposed by the State Government, and the contribution from the Original Equipment Manufacturer (OEM). Purpose: This clubbing of incentives is specifically intended "to reduce the upfront cost of the vehicle to the consumer". Loans: CESL also provides low-cost loans to the consumer for the purchase of the Electric Vehicle. Condition: However, the consumer must purchase the vehicle directly from CESL to avail of this financial assistance and the upfront cost reduction mechanism.
Step 4: Offline application — step 5
Disbursement Through Direct Purchase/Conversion (State Subsidy)
Step 5: Offline application — step 6
If the consumer opts to purchase the Electric Vehicle "directly from dealer and avail benefits from Government of Goa," the financial assistance from CESL will not be available. In this scenario (or when converting an existing vehicle), the State subsidy is provided as a disbursement to the beneficiary after the purchase and registration requirements are met. Disbursement Pattern: The subsidy is disbursed "in a single installment to the beneficiary concerned i.e. 100% on purchase/conversion of the vehicle". Documentation Requirement: To receive this disbursement, the beneficiary must engage in the "production of documents of purchase/conversion i.e. copy of Registration Certificate book and Insurance".
Step 6: Offline application — step 7
Scrapping Incentive
Step 7: Offline application — step 8
If the registered owner of the EV claims the Scrapping Incentive, the reimbursement of that incentive is subject to the confirmation of scrapping and de-registration of the old Internal Combustion Engine (ICE) vehicle by the Regional Transport Office (RTO).
Applications are accepted only on the official government portal.
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