Servotech Power Systems Ltd has clinched a substantial deal for approximately 1,500 DC fast EV chargers. The order, valued at ₹102 crores, comes from Hindustan Petroleum Corporation Limited (HPCL) and other leading EV charger Original Equipment Manufacturers (OEMs).
The order encompasses two variants of chargers, offering power outputs of 60 kW and 120 kW respectively, indicating a robust commitment towards bolstering India’s EV charging infrastructure. This strategic move not only underscores the growing demand for EVs but also highlights the critical role of robust charging networks in fostering widespread adoption.
Servotech’s partnership with HPCL involves the manufacturing, supply, and installation of DC EV chargers across the nation, with a particular focus on HPCL’s extensive network of retail outlets. Furthermore, Servotech will cater to the requirements of various other EV charger OEMs, thereby contributing significantly to the proliferation of EV charging solutions nationwide.
Sarika Bhatia, Director of Servotech Power Systems Ltd., expressed her enthusiasm, stating, “We are honoured to contribute to India’s E-Mobility revolution alongside HPCL, propelling the transition towards a sustainable future. As a leading EV charger manufacturer, our mission is to transform India into a nation where EVs are not just a concept but a tangible reality, achieved through shared vision and unwavering dedication.”
Bhatia emphasised the pivotal role of Servotech’s high-quality and technologically advanced DC fast EV chargers in establishing e-mobility touchpoints, streamlining transactions, enhancing availability, simplifying discovery, and facilitating navigation for EV users. The company’s proactive support aims to ensure a seamless transition towards a cleaner, more sustainable transportation ecosystem.
The announcement serves as a testament to Servotech’s prowess in the burgeoning EV charger market, bolstering investor confidence and positioning the company favourably for future growth opportunities within the Indian EV landscape.
