Electric cab startup Evera in talks with Gensol to lease 1,000 cars

Delhi-based all-electric taxi service company Evera is in discussions with Gensol’s insolvency resolution professional (IRP) and its committee of creditors (CoC) to lease 1,000 cars from Gensol’s fleet of 4,000 vehicles, which are currently under the National Company Law Tribunal (NCLT).

The Ahmedabad bench of the NCLT had admitted the solar engineering, procurement, and construction (EPC) firm Gensol’s insolvency case on June 13 after the Indian Renewable Energy Development Agency (IREDA) filed a petition alleging that the company defaulted on…