The Indian Wire » Business » SBI aims to set up 10,000 solar powered ATMs in next two years

SBI aims to set up 10,000 solar powered ATMs in next two years


In order to become carbon neutral by 2030, India’s largest moneylender, State Bank of India (SBI) is aiming towards running 10,000 automated teller machines (ATMs) powered by solar energy in the coming 2 years.

Prashant Kumar, SBI’s deputy managing director, and the Chief financial officer said, “At present, the bank has 1,200 ATMs which are solar-powered, and we are going to take the number to 10,000 ATMs in next two years. To achieve this, we have also signed-up for electric vehicles. All vehicles, being used by the bank are going to be changed to electric vehicles by 2030.”

The bank already has solar panels in 150 building and has planned to recognize more infrastructure to be using renewable energy in future. State Bank of India has set a target of 250 building to run by solar energy in the coming year. Earlier this year, It installed 151 solar rooftop site having a capacity of 6.23 MW.

As per the records, the bank has a deposit base of ₹27.47 trillion with 42.55 crore customers. Also, it has 59,000 ATMs in its network with nearly 22,500 branches.

SBI Green Marathon

State Bank of India, on Tuesday, also notified about the second SBI Green Marathon. As per the statement, the marathon is scheduled in 15 cities in India. The bank stated, “The event is going to be a zero-waste event and is expected to witness close to 75,000 participants who will run to spread awareness about the importance of cleaner and greener globe.”

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