Servotech Power Systems bags Rs 102 crore order for 1,500 DC fast EV chargers from HPCL and others
Servotech Power Systems, a leading manufacturer of electric vehicle chargers in India, has bagged a significant order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation (HPCL) and other EV charger OEMs.
The order is valued at Rs 102 crore and involves 2 charger variants of 60 kW and 120 kW. The order secured by HPCL involves Servotech manufacturing, supplying and installing DC EV chargers nationwide, prioritising 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.
