Servotech Renewable Power Surges on Solar Order Win
By Newscript News Network
August 20, 2025
Shares of Servotech Power Systems rose nearly 7% on August 20 after the company announced it had secured a ₹28.84 crore order for the supply, installation, testing and commissioning of a grid-connected solar power plant.
For Servotech, best known for its EV charging equipment and solar solutions, the order is a milestone that underscores its growing importance in India’s decentralised renewable push. The solar project, set for commissioning in FY26, will enhance distributed capacity and provide cleaner power directly to industrial users.
“The market is beginning to reward small and mid-sized renewable firms that can deliver cost-effective, customised solutions,” said an energy consultant in New Delhi. Servotech has also diversified into...