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Press Release - October 07, 2024

Servotech Power Systems Receives an Additional Order to Build EV Charging Stations for Nashik Municipal Corporation

New Delhi, 7th October ’24: Servotech Power Systems Ltd., a prominent player in the EV charging and solar industry, has secured an additional order from the Nashik Municipal Corporation (NMC). Previously the company had received an order from NMC which involved Servotech supplying, commissioning, and constructing 20 electric vehicle (EV) charging stations throughout the Nashik Municipal Corporation area. Seeing the timely execution and delivery, NMC has given this additional order to the company which will now involve Servotech supplying, commissioning, and constructing a total of 29 electric vehicle (EV) charging stations.

Sarika Bhatia, Director of Servotech Power Systems Ltd. said, “We are thrilled to contribute to Nashik’s transition to cleaner transportation and remain fully committed to fostering a sustainable future for both the city and the nation by working on the additional order given by NMC. At Servotech, we're dedicated to enhancing the charging experience for all EV owners. As we serve a growing customer base, we are carving out our own niche in the EV charging sector. Strengthening the EV charging network with Servotech’s leading software and hardware represents a major advancement in our goal for high-speed, accessible charging infrastructure in India. This initiative aligns with our commitment to delivering exceptional customer experiences. With our extensive network of convenience and mobility sites both on and off highways, this partnership with NMC will provide fast and reliable charging solutions to EV drivers in and around Nashik whenever they need it.”

This order will meet the growing need for convenient EV charging infrastructure in Nashik, supporting the city’s shift toward sustainable transport solutions. By developing an accessible and enhanced EV charging network, it will be easier for EV users to recharge their vehicles, ensuring seamless intercity and interstate journeys. Servotech will oversee the installation, supply, and maintenance of EV charging stations across Nashik, strengthening the city's charging network. This positions Servotech as a key player in India’s EV infrastructure growth, aligning with national goals for a robust EV ecosystem. Moreover, the initiative demonstrates Servotech’s commitment to sustainability, contributing to cleaner transportation and reduced emissions in Nashik.

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About Servotech Power Systems Limited:

Servotech Power Systems 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 EVs 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

Pooja Goel
Investor Relations

Email - ir@servotechindia.com
Contact - +91 9266126409

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