SEBI Reg. Investment Advisor

Download App

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
Havells India 1300.30
Siemens 3709.60
Apar Inds 11977.10
ABB India 7155.70
Waaree Energies 3487.20
View more..

About MoneyWorks4Me

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.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×