SBI to study business potential of digital payments in Electric Vehicles Charging Infrastructure
New Delhi:
Amid the government’s push on electric vehicles (EVs), the country’s largest lender State Bank of India (SBI) has decided to hire a consultant to explore the commercial potential of digital payments in the EV charging space.
As per the Request for Proposal (RFP) document inviting bids from potential candidates, SBI said that the advisor is required to study the current transport scenario and detailed milestones and timelines for rolling out digital payments for EV charging in various modes of transport. A roadmap will need to be prepared with By identifying opportunities and constraints for building e-mobility ecosystem.
SBI said the consultant will be tasked to explore the market potential for digital payments in the EV charging space across the globe as well as develop a strategic roadmap for EV charging payment solutions for various modes of transport and associated infrastructure , which includes the identity of the sellers. Dealers across the value chain.
Among other things, the consultant will have to identify potential initiatives and areas of action through the stakeholders and partnerships required to execute the capacity building program and initiatives.
Also, it will need to provide recommendations on next steps and areas to be supported through investment and capacity building by development partners, SBI said in the request for proposal (RFP) document.
SBI said that the eligible bidder should be an Indian company, limited liability partnership firm or a partnership firm registered under the Act in force in India.
Among other requirements, there should be a minimum of 10 years of experience in providing consultancy services for payment systems, 8 years in power distribution, 5 years in e-mobility and 8 years in institutional/strategy strengthening.
Further, the state-owned lender said that the bidder should be a profitable organization on profit before tax basis for at least two out of the last three financial years.
“The bidder should have an average turnover of minimum Rs 5 crore during the last three financial years,” the bid document said.
The last date for submission of bids is May 10, 2022 and the consultant has been asked to complete the work in a maximum of four months.