power-sector-news
After initial response demand for EESLs PoS machines turns tepid
NEW DELHI. India’s financial-inclusion drive has hit a wall, as banks and State governments that had sought Point of Sale (PoS) machines sourced through the public sector Energy Efficiency Services Ltd’s (EESL) tender have not expressed any interest since the bids for supply of these machines were opened.
EESL sought to to procure seven lakh mobile and three lakh regular (fixed) PoS machines through a tender on December 1. It received bids from a number of players, including Ingenico, Verifone, MSwipe, Ezetap, TVS Electronics and Zivah.
The move was prompted by the demonetisation of high-value notes on November 8, and the sudden push towards digital payments. The Business line
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