Press Release - March 26, 2025
New Delhi, 26th March 2025: Servotech Renewable Power System Ltd. (NSE: SERVOTECH) (formerly known as Servotech Power Systems Ltd.), a leading provider of EV chargers and solar solutions, has announced its successful acquisition of its first solar rooftop order of around 2 MW from North Eastern Railway (NER), Lucknow Division. This achievement underscores Servotech's expertise in providing renewable energy solutions and its commitment to supporting sustainable infrastructure development.
Commenting on the order, Sarika Bhatia, Director, Servotech Renewable Power System Ltd. (formerly known as Servotech Power Systems Ltd.) said, “This first order in the railway sector is a testament to our technological capabilities and our commitment to providing sustainable energy solutions across various industries. We are enthusiastic about the potential opportunities within this sector and are confident in securing further solar projects in the near future. Our expertise will significantly support Indian Railways' green energy initiatives".
Servotech has established a strong presence in the renewable energy landscape, working closely with major oil marketing companies and state governments, and nodal agencies to deploy solar solutions and EV charging infrastructure across the country. The company is dedicated to innovation and providing sustainable solutions, and is now actively expanding its footprint within the Indian Railway sector to contribute their ambitious sustainability goals. This entry into the railway sector opens up new avenues for growth and aligns with the company's vision of contributing to a greener future throughout the Indian Railways.
Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.) is an NSE-listed organization that develops tech-enabled EV Charging solutions leveraging their over two decades of experience and expertise in the electronics space. We offer an extensive range of AC and DC chargers which are compatible with different Electric Vehicles and serve multiple applications such as commercial and domestic. With our comprehensive engineering capabilities, we plan to play a pivotal role in developing India's EV tech infrastructure. As a trusted brand with a strong pan-India presence, our legacy is marked by proven innovations and development of the advanced technologies.
For more information, please visit: https://www.servotech.in
Media Contact:Prabhutva Tiwari
PR & Corporate Communications
Email - pr@servotechindia.com
Contact - +91 8318873166
This press release contains “forward- looking statements” that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are to different degrees, uncertain. For us, uncertainties arise from the behavior of financial, software and real estate industry, from future integration of businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different from those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.