Opinion: Everything You Need to Know About Electric Scooter/Bike Insurance – ETEnergyWorld

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EV insurance is a type of insurance that covers the risks associated with owning and operating an electric vehicle (EV). They are becoming increasingly popular in India and are often seen as environmentally friendly by consumers who want to reduce their carbon footprint.
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After the Supreme Court had ordered to pay 9 per cent carrying charge (interest) along with the principal amount of coal payment, the state power companies paid Rs 10,286 crore, out of which Rs 4,811 crore was carrying charge. However, Adani Power claimed that as per the power purchase agreement, late payment surcharge is also to be paid and the condition of the agreement was being ignored.
This is the first time two of the country’s largest corporate houses will be vying directly against each other for an asset. A consortium of Power Finance Corp. and REC Ltd, both state-owned, will also be participating in the bidding process, the people said.
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