Stock Update
Stock Update
Stock Update
Stock Update

Press Release - June 24, 2025

Servotech Renewable Secures Approx 16 MW On-Grid Solar Rooftop Project from Madhya Pradesh Urja Vikas Nigam Ltd.

New Delhi, 24th June 2025: Servotech Renewable Power System Ltd. (NSE: SERVOTECH), India’s leading manufacturer of Solar Solutions, proudly announces it has secured an approximate 16 MW grid-connected solar rooftop project from Madhya Pradesh Urja Vikas Nigam Ltd., Department of New and Renewable Energy. This significant undertaking underscores Servotech's commitment to advancing India's renewable energy landscape and reinforces its expertise in large-scale solar deployments.

Under the terms of the agreement, Servotech Renewable will be responsible for the end-to-end execution of this ambitious project. This includes the design, supply, installation, and commissioning of on-grid rooftop solar systems, with individual capacities ranging from 1 KW up to 500 KW. The project aims to solarize multiple government buildings and offices in various locations across the state of Madhya Pradesh, significantly contributing to the state's ambitious renewable energy goals and broader decarbonisation efforts. A comprehensive 5-year warranty will accompany the installations, guaranteeing reliable and uninterrupted clean energy generation for the duration.

This landmark order represents a crucial milestone in Servotech's mission to accelerate the adoption of solar energy across India. It not only highlights the company's technical prowess but also solidifies its standing as a trusted and reliable partner for public-sector renewable energy initiatives.

Sarika Bhatia, Director, Servotech Renewable Power System Ltd., commented, “This is a major leap forward for Servotech. We’ve already been working with many states’ Nodal agencies across the country, and we’re happy to step into Madhya Pradesh. This project aligns seamlessly with India’s national renewable energy targets and will help accelerate Madhya Pradesh’s clean energy transition by supporting the state government’s vision to solarise their infrastructure and build a more sustainable future. We’re honoured to contribute to this transformative journey of the state of Madhya Pradesh. This project strengthens our position, establishing us as a key player in improving India’s solar infrastructure.”

This project is a testament to Servotech’s growing footprint and its dedication to fostering a sustainable future for India. By providing robust and efficient solar solutions, Servotech continues to play a pivotal role in the nation’s transition towards cleaner energy sources.

--Press Release Ends--
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
Contact - +91 8318873166

Anikt Arora
Investor Relations

Email - ir@servotechindia.com
Contact - +91 9625735211

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.

Downloads