Power

Servotech Power Systems secures ₹120 Cr order for 1,800 DC Fast EV chargers from BPCL

In a significant development in India’s electric mobility sector, Servotech Power Systems Ltd., a leading EV charger manufacturer, has clinched a major order worth ₹120 Crores from Bharat Petroleum Corporation Limited (BPCL). The order entails the production, supply, installation, and strategic deployment of 1,800 DC Fast EV Chargers as part of the BPCL E-drive Project.

This strategic collaboration aims to revolutionize India’s electric mobility landscape by establishing a robust and dynamic EV charging network. The chargers, available in two variants with power capacities of 60 kW and 120 kW, will be strategically deployed at BPCL petrol pumps in major cities across the nation. The BPCL E-drive Project is set to optimize transactions, enhance availability, simplify discovery, and facilitate navigation for EV users, ultimately ensuring convenient access to the growing EV charging infrastructure.

Sarika Bhatia, Director of Servotech Power Systems Ltd, expressed immense pride in accelerating India’s E-Mobility revolution through this collaboration with BPCL. She emphasized the company’s commitment to playing a pivotal role in realizing India’s ambitious goals in the electric mobility sector. Servotech Power Systems has already made significant strides in this direction by successfully supplying 4,000 EV Chargers across India as of January 2024.

The project, scheduled for completion by the end of 2024, contributes to the nation’s evolving EV ecosystem, supporting the government’s push for cleaner and more sustainable transportation. The initiative not only marks a significant milestone but also paves the way for a robust and expansive charging network, crucial for the future of high-capacity and rapid EV charging.

This isn’t the first collaboration between Servotech Power Systems and BPCL. The companies had previously worked together on BPCL’s E-drive project, where Servotech secured an order to supply and install 2,649 AC EV Chargers at various locations across the country. As of now, 36% of the supply and installation process has been completed, with the entire project expected to be finished by March 2024.

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