Improving Bankability of e-bus Procurement in India
- Client: Steer / World Bank
- Start: September 15, 2020
- Category: Market Research & Consultancy
- End: February 02, 2021
The project involved developing sustainable business models for electric mobility in India, with a strong emphasis on the e-bus market scale-up.
Project Overview
The World Bank (WB) and International Finance Corporation (IFC) awarded the contract to Steer and Spotech to review current procurement practices for e-buses and associated charging infrastructure and to recommend alternative business models in addition to the current GCC model.
Key Role
Gap Assessment:
- Comparison of existing e-buses tenders and the price
- Gap analysis – MCA and other provisions
Evaluate Alternative Business Models:
- Scan global best practices
- Identification of alternative business models
Recommendation & Action Plan:
- Recommend modification in MCA and RfPs
- Step by step plan for State / City to migrate to EVs
- Recommend policy and regulatory changes