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Servotech Power Systems Wins Rs. 102 Cr. EV Chargers Order

Servotech Power Systems Limited has won an order worth Rs. 102 crore for 1,500 DC fast Electric Vehicle (EV) chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs. This information was shared by Servotech Power Systems in its press release dated 23rd February 2024.

Scope of work in this order includes manufacturing, supplying and installing DC fast EV chargers across India, mainly at HPCL’s retail outlets. Servotech will also be manufacturing and supplying chargers to EV charger OEMs under this order. This order is for Servotech’s 60 KW and 120 KW DC EV chargers.

Commenting on this development, Ms. Sarika Bhatia, Director of Servotech Power Systems Ltd., said, “We are confident that our high-quality and technologically advanced DC fast EV chargers will help to establish e-mobility touchpoints, optimize transactions, improve availability, simplify discovery, and facilitate navigation for EV users”.