Servotech Power Systems Bags Order For 1500 DC Fast EV Chargers, Worth Rs. 102 Cr
Servotech Power Systems, electric vehicle (EV) charger manufacturer in India, has bagged a significant order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation (HPCL) and other EV charger OEMs. The order is valued at Rs. 102 crore and involves two charger variants of 60 kW and 120 kW.
The order secured by HPCL involves Servotech manufacturing, supplying and installing DC EV chargers nationwide, prioritising deployment at HPCL's retail outlets. Additionally, Servotech will also manufacture and supply the rest of the chargers to EV charger OEMs.
This move is seen as an important step in making EVs more consumer-friendly by creating a robust and well-connected EV charging infrastructure. It will also promote decarbonised mobility and cater to the evolving needs of the sustainable automotive industry.
Sarika Bhatia, Director of Servotech Power Systems, said: "We are confident that our high-quality and technologically advanced DC fast EV chargers will help to establish e-mobility touchpoints, optimise transactions, improve availability, simplify discovery, and facilitate navigation for EV users." said Sarika Bhatia
