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Servotech Power Systems secures order worth Rs 30.2 crore

28 Nov 2024 Evaluate

Servotech Power Systems has secured 5.6 MW On?grid rooftop solar power plant order from Uttarakhand New and Renewable Energy Development Agency (UREDA). The order valued at Rs 30.2 crore will act as a major push in building a solar powered state, overall, bringing India closer to becoming a solar powered nation. 

The company will be responsible for designing, supplying, installation, net metering, testing and commissioning of On-Grid rooftop solar power plants. Further, project also involves the company to deliver comprehensive warranty maintenance for the next 5 years, tending to 1 kW?1500 kW on?grid rooftop solar installations done at various strategic locations which includes government offices, colleges, buildings, hospitals and institutions etc. across the state contributing to the state’s renewable energy goals and decarbonisation.

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 1305.85
Siemens 3706.55
Apar Inds 11474.15
ABB India 7029.95
Waaree Energies 3471.45
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