MoneyWorks4Me

Servotech Renewable Power System bags order worth Rs 33.60 crore

04 Jun 2025 Evaluate

Servotech Renewable Power System has been awarded a significant order for a 7.8 MW grid-connected solar rooftop project by the Rangiya Division of the Northeast Frontier Railway. The order, valued at Rs 33.60 crore, also includes a comprehensive 5-year Annual Maintenance Contract (AMC)/Comprehensive Annual Maintenance Contract (CAMC) for various buildings within the Rangiya Division.

This prestigious project underscores Servotech’s expertise and growing presence in India's renewable energy sector, particularly within large-scale infrastructure development. The installation of 7.8 MW of solar capacity will significantly contribute to the Northeast Frontier Railway’s sustainability initiatives and reduce its carbon footprint by harnessing clean, renewable energy. The project is expected to play a key role in the railway's efforts to adopt more sustainable energy practices, contributing to both operational efficiency and environmental responsibility.

Servotech Renewable Power System (formerly known as Servotech Power Systems) is engaged in manufacturing and selling 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 2505.25
Apar Industries 17058.75
Havells India 1085.55
Suzlon Energy 42.47
Siemens 3792.20
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