To safeguard insured against performance degradation of PV modules
ICICI Lombard General Insurance Company has introduced Solar Panel Warranty Insurance which caters to solar park developers, with the park owner as the insured and sole beneficiary. The policy safeguards the insured against performance degradation of PV modules, under performance warranty due to the following hazards -
Faulty manufacturing
Material defects
Material ageing
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content