What are the opportunities vs risks of bidding for Smart City projects?

3. What contractual considerations should the bidder take into account while bidding for a large
smart city project?


4. What are the implementation challenges that you foresee in a similar smart city project with short
implementation period and what measures would you consider to mitigate them?

Technical challenges

 Inadequacies in grid infrastructure

 Cyber security
 Storage concerns
 Data
 Communication issues.
 Stability concerns
 Energy management and electric vehicle
 Socio-economic challenges
 High capital investment
 Stakeholder's engagement
 Lack of awareness
 Privacy
 Fear of obsolescence
 Miscellaneous
 Regulation and policies
 Power theft
 Work force
 Co-ordination

5. What are the other measures and best practices that the project team could have adopted for
improving the project profitability?
 Partnering with local institutions for labour and capital
 Using and sourcing locally owned resources.

6. What additional revenue generating opportunities do you foresee for the Implementation Agency
apart from qualifying for similar projects?

 Scaling out, moving to sub urban areas.

 Inclusion local knowledge to grow in terms of qualifying for similar projects