The Solar Energy Corporation of India has issued an Expression of Interest (EoI), inviting proposals from eligible firms for the identification and implementation of business opportunities in the electric/ transformative mobility space in line with the national target of raising the share of Electric Vehicles (EVs) to 30 percent of the total number of vehicles by 2030 along with associated infrastructure.
The objective is to secure an expression of interest from agencies preferably having prior experience in electric mobility and/ or in new/innovative technology development / scale-up.
It is envisaged that such business opportunities could be existing in demand creation, demand aggregation, setting up charging infrastructure, the introduction of new and innovative products, market development, capacity building, etc.
The nodal agency stated that one of its objectives includes the promotion of new technology and the development of demonstration projects that reduce carbon emission. Accordingly, it intends to foray into the electric mobility space for contributing towards the national target of raising the share of the electric vehicle in the total number of vehicles to 30 percent by 2030 along with associated infrastructure.
It added that it has also been working effectively for decarbonisation (i.e. reducing dependence on fossil fuel like diesel, kerosene oil) by way of RE sources. And that having uniquely positioned in the renewable energy space, SECI intends to enable the greening of transportation through powering/complementing with RE and through further development of the electric mobility ecosystem.
Unless extended, the empanelment will be for a period of three years which shall be subject to regular reviews/modifications. And around 3-5 agencies will be empaneled.
To be eligible, the applicants should have a positive net-worth as of March 31, 2020, or March 31, 2019. Subject to meeting the above criteria, applications received against this EOI shall be evaluated by the SECI as per the following evaluation matrix:
Based on the marks obtained by all the Applicants, the top 3-5 applicants shall be issued a Letter of Empanelment which shall be valid for three years unless withdrawn/concluded/extended.
The last date for responses to the EOI is December 7, 2020. An e-consultation meeting with all prospective participants has been scheduled for November 6, 2020.