Electric Bikes to AP Employees Guidelines - Norms Interest Rates How to APPLY for Electric E Bike

Electric Bikes to AP Employees Guidelines - Norms Interest Rates How to APPLY for Electric E Bike New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. NREDCAP
(A State Government Company - ISO 9001:2015 Certified)  Clean Energy for Sustainability

Electric Bikes to AP Employees Guidelines - Norms Interest Rates How to APPLY for Electric E Bike

Ref: NREDCAP/EV/17-64 /2021-22 /09 Date: 03.01.2022

The Special Chief Secretary (FAC) Department of Gram Volunteers/ Ward volunteers and Village Secretariats / Ward Secretariats A.P Secretariat Office, Velagapudi
Dear Sir, 
Sub: Promotion of E-Mobility-Providing of Electric 2-Wheelers to Village Secretariats, Ward Secretariats and other Government employees on EMI basis - Deduction of EMI amount from the salary of individual employee based on the undertaking of the individual employee and recommendation of the Drawing and Disbursement Officer (DDO) in Andhra Pradesh State - Request for instructions - Reg.

Ref: G.O.Ms. No. 4 dated 06.07.2021 of Chief Secretary to the Government from Energy (Power. II) Department .

New & Renewable Energy Department Corporation of Andhra Pradesh (NREDCAP) has been designated as State Nodal Agency for policy formulation, implementation & promotion of Electric Vehicles and related mobility technologies in the state of Andhra Pradesh.

As per the E-Mobility policy objectives of the Govt. of AP to phase out all fossil fuel based commercial fleets and logistics vehicles, it is proposed to promote E- 2 Wheelers and NREDCAP has formulated a scheme for Government employees to arrange E-2 Wheelers on EMI basis.

Economic benefits & comparison between ICE & EV:

The cost of average fuel charges of petrol 2-Wheeler vehicle is more when compared to the power charges of electric 2-Wheeler apart from additional advantages like environmental and health benefits as illustrated below;

The savings in fuel cost per month can be adjusted to E- vehicles EMI amount and clear the cost of vehicle amount over a period of 3 to 4 years including interest. NREDCAP will extend 4 years AMC and 3 years warranty as per norms of DHI, Government of India under FAME II.

Scheme Highlights Electric Bikes to AP Employees Guidelines 

In order to take the scheme forward, NREDCAP has developed a Mobile APP/ Web Portal to facilitate the employees for opting model, brand, colour, EMI etc, The Government of Andhra Pradesh has issued orders vide G.O M.S. No: 4 dated 06.07.2021 to the Salary Disbursement Officers for deduction of EMIs from the salary of opted employees for purchase of Electric 2- Wheelers and remit to the EVNREDCAP account. The copy of Government Orders is enclosed herewith.

Hence, suitable instructions may kindly be issued to all Salary Disbursement Officers in your department to allow their staff and officers for voluntary opting of Electric 2Wheelers under EMI scheme to achieve environmental and economical benefits to improve their living standards and also for better delivery of 541 citizen services at door steps of citizens.