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Press Release - April 07, 2026

Servotech Secures ~67% Share in PSU/OMC DC Fast Charger Tenders

New Delhi, 7th April, 2026: Servotech Renewable Power System Ltd. (NSE: SERVOTECH), India’s leading EV Charger manufacturer and Solar Solutions provider is pleased to inform that Servotech has emerged as one of the leading bidders across multiple tenders floated by the Public Sector Undertakings (PSUs) and Oil Marketing Companies (OMCs) in the last quarter of FY2025–26 for the supply of 60kW and 120KW DC Fast EV Chargers. These orders will be implemented in the FY2026-27.

Against a total tendered quantity of approximately 631 units, Servotech has secured orders for 423 units, accounting for approximately 67% share of the awarded capacity reinforcing Servotech’s strong execution capabilities, product competitiveness, and growing presence in the EV charging infrastructure segment, particularly in the fast-charging category.

The orders are part of ongoing efforts to expand India’s EV charging network, especially along highways and high-utilization corridors. Execution of these orders will be undertaken as per the timelines specified in the respective tender agreements.

Speaking on the development, Sarika Bhatia, Director, Servotech Renewable said, “Securing a 67% share in these PSU and OMC tenders is a strong validation of Servotech’s capabilities in the EV charging space. We remain focused on strengthening our position in DC fast charging solutions, expanding our deployment capabilities across geographies, and delivering reliable, scalable EV infrastructure. This milestone not only reflects our growing participation in large-scale EV infrastructure programs but also significantly strengthens our order pipeline, positioning us well to support India’s rapidly evolving electric mobility ecosystem.”

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About Servotech Renewable Power System Limited (Formerly known as ServotechPower Systems Ltd.):

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
Email - ir@servotechindia.com
Contact - +91 8318873166

Disclaimer:

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.

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