№ files_lp_3_process_7_051064
Legal agreement establishing the terms and conditions for the dry lease and fleet management of electric vehicles and associated charging infrastructure between ANERT and a client institution within the regulatory framework of Indian motor vehicle law.
Year: 2022
Region / City: Thiruvananthapuram, Kerala, India
Type of Document: Lease and Fleet Management Agreement
Subject: Dry lease of electric vehicles and charging infrastructure
Parties: Agency for New and Renewable Energy Research and Technology (ANERT) and the Client
Related Organization: Energy Efficiency Services Ltd.
Government Affiliation: Department of Power, Government of Kerala
Legal Framework: Motor Vehicles Act, 1988
Asset Covered: Electric cars and charging stations
Lease Type: Dry Lease (without driver and fuel costs)
Lock-in Period: 48 months for Tata Nexon EV
Warranty Terms: 3 years vehicle warranty; 8 years or 160,000 kms battery and motor warranty
Insurance: Comprehensive insurance arranged by ANERT/EESL
Ownership Terms: Registered in the name of ANERT with hypothecation in favour of EESL; transfer to Client upon contract expiry subject to residual value payment and consent of EESL
Cure Period: 60 days
Notice Period: As specified in the agreement
Price: 8 / 10 USD
The file will be delivered to the email address provided at checkout within 12 hours.

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