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Servotech Power Systems has expanded its reach significantly by enrolling with 62 DISCOMs across India under the Pradhan Mantri-Surya Ghar Muft Bijli Yojana. This strategic move not only solidifies the company's position in the renewable energy sector but also directly benefits consumers by enabling them to avail government subsidies when purchasing solar solutions from the company. 

The PM Surya Ghar Muft Bijli Yojana, aimed at solarizing households and promoting green growth, has received tremendous traction, with over 1.28 crore registrations and 14 lakh applications. The company's enrollment with DISCOMs under this scheme will further amplify its impact by making sustainable energy solutions more accessible and affordable for a wider audience.

The company’s extensive range of high-quality solar solutions, coupled with its commitment to innovation and customer satisfaction, positions it as a trusted partner for individuals and businesses seeking to transition to renewable energy. By collaborating with DISCOMs across multiple states, the company is playing a pivotal role in accelerating India's energy transition and contributing to a greener, more sustainable future.

Servotech Power Systems is engaged in manufactures and sells inverters, uninterruptible power source products, and servo stabilizers under the SERVOTECH brand name in India, south-east Asia, Africa, Europe, and the Middle East.

Peers
Company Name CMP
Havells India 1184.85
Siemens 3752.80
Apar Inds 15732.60
ABB India 7248.45
Waaree Energies 3105.15
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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