Servotech Power Systems Ltd, a manufacturer of EV chargers in India, on Friday announced that it has bagged a significant order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs. The order, it added, is valued at Rs 102 crore and involves two charger variants of 60 kW and 120 kW.
The order secured by HPCL involves Servotech manufacturing, supplying and installing DC EV chargers nationwide, prioritizing deployment at HPCL’s retail outlets. Additionally, Servotech will also manufacture and supply the rest of the chargers to EV charger OEMs. “This move is seen as an important step in making EVs more consumer-friendly by creating a robust and well-connected EV charging infrastructure.
