Servotech Power Systems wins order for 2649 AC EV chargers from BPCL

Servotech Power Systems wins order for 2649 AC EV chargers from BPCL

Servotech Power Systems Ltd., a leader in EV charger manufacturing, has secured an order from Bharat Petroleum Corporation Limited (BPCL) to supply and install 2649 AC EV Chargers. This significant order plays a pivotal role in the BPCL E-drive Project, aiming to enhance EV charging infrastructure across major Indian cities. Nationwide Charger Installation and Range […]

Servotech Power Systems establishes Servotech EV Infra to boost EV charging infrastructure

Servotech Power Systems establishes Servotech EV Infra to boost EV charging infrastructure

Servotech Power Systems Ltd, a premier EV Charger manufacturer in India, has announced the formation of its wholly owned subsidiary, Servotech EV Infra Pvt Ltd. This move marks Servotech Power Systems’ foray into the EV Charge Point Operator (CPO) business, aiming to manufacture and supply EV chargers to Servotech EV Infra. This development delineates the […]

Servotech, EMCOR team up to amplify India’s EV charging infrastructure

Servotech, EMCOR team up to amplify India’s EV charging infrastructure

Marking a pivotal stride in amplifying India’s electric vehicle (EV) charging infrastructure, Servotech Power Systems Ltd., a leading NSE-listed EV charger manufacturer, has joined forces with EMCOR Power Solutions. This strategic alliance aims to pave the way for a seamless, well-equipped, and technologically advanced EV charging landscape. EMCOR Power Solutions, recognized for its groundbreaking EV […]

Servotech Power Systems to launch EV charger manufacturing plant in Uttar Pradesh

Servotech Power Systems to launch EV charger manufacturing plant in Uttar Pradesh

Servotech Power Systems Ltd., India’s top electric vehicle (EV) charger manufacturer, has penned a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh. This collaboration seeks to inaugurate a state-of-the-art EV Charger manufacturing facility in the state, emphasizing backward integration. The venture will be orchestrated under the aegis of the Uttar Pradesh Electric Vehicle […]

Servotech Power Systems reports stellar Q1 FY24 results with 10-fold PAT increase

Servotech Power Systems reports stellar Q1 FY24 results with 10-fold PAT increase

Servotech Power Systems, an India-based manufacturer of solar, electric vehicle (EV) chargers, and other power solutions, announced remarkable Q1 FY24 financial results, demonstrating an impressive 148.9% increase in revenue from operations, and a 415.3% YoY growth in EBITDA. The figures were announced at the company’s Board of Directors meeting held on July 21, 2023. In […]

Servotech Power Systems sets up subsidiary to make lithium-ion batteries

Servotech Power Systems sets up subsidiary to make lithium-ion batteries

Servotech Power Systems has incorporated a subsidiary, named Techbec Industries Limited (TIL) to manufacture batteries. The newly established entity will be engaged in the manufacturing of batteries, mainly lithium-ion batteries, and other allied activities. Owning a 63.5% share capital, Servotech Power Systems will be the holding company of Techbec Industries Limited. Raman Bhatia – Servotech […]