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Solar ATMs, Fuel Rural Revolution, In India, An Indian start-up is catalysing a quiet revolution by designing, developing and installing unique solar -powered ATMs in rural areas. The initial lot of 400 solar ATMs, aptly called Gramateller ('gram' means village), the world's largest.
The initial lot of 400 solar ATMs, aptly called Gramateller ('gram' means village), the world's largest order, placed by the State Bank of India (SBI), has been winning accolades for performance and substantial energy savings.
Following SBI's success with solar ATMs, the Catholic Syrian Bank also placed an order for 50 Gramatellers and Indian Bank for 20, while 10 more have been ordered by other banks, he added.
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| Solar ATMs, Fuel Rural Revolution, In India |
Both Babu and Lakshminarayan Kannan, who founded Vortex, are the alumni of the Indian Institute of Technology-Madras (IIT-M) and the brains behind the Gramateller.
"Our plans to operate ATMs on solar power were greeted with utter disbelief. We faced challenges initially in getting them adopted by our end users, the rural folks, who are not particularly tech-savvy. But once they realised that they were getting control of their own money, they accepted it wholeheartedly," said Babu.
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