MoneyWorks4Me

Servotech Renewable Power System inks pact with Watt & Well

20 Feb 2025 Evaluate

Servotech Renewable Power System has signed an agreement with France based company Watt & Well SAS, a technology leader in power electronics equipment for the Aerospace, Oil & Gas, Renewables and EMobility sectors, to design, manufacture and sell EV charger components in India. The collaboration will initially focus on the development of a 30kW Power Module for use in the Indian EV charging market. The companies will also jointly assess the viability and process for the production of a Bidirectional Power Module for V2G applications. 

Under the agreement, the company will manufacture Power Modules in India to achieve the Make in India mission, while Watt & Well will provide full technical support to achieve this mission. The company will also have the exclusive right to market and sell these components in India.

Servotech Renewable Power System 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
Waaree Energies 2627.50
Apar Industries 17496.15
Havells India 1114.80
Suzlon Energy 44.16
Siemens 3960.90
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