Latest news with #SarikaBhatia
Hans India
02-07-2025
- Business
- Hans India
Servotech to Set Up India's Largest EV Charging Station at Bengaluru Airport
Servotech Renewable got a big order from Bengaluru Airport to set up an electric vehicle (EV) charging station. The station will have 10 fast chargers, the biggest at any Indian airport. It will charge electric buses that move passengers around the airport. This will help cut pollution and make the airport cleaner. Servotech will install, test, and maintain the chargers for five years. Sarika Bhatia from Servotech said this project is important for making airport transport greener. The company plans to do more projects like this to help India use clean energy.
Time of India
30-06-2025
- Automotive
- Time of India
Servotech renewable to install EV charging hub at Bengaluru airport
Servotech Renewable Power System Limited has secured an order from Bengaluru International Airport Limited (BIAL) to install an electric vehicle (EV) charging station at Kempegowda International Airport . The facility will consist of 10 direct current (DC) chargers, each with a capacity of 240 kW, supporting airside EV operations . The total installed capacity of the charging hub will be 2.4 MW. According to the company, this will be the first and largest EV charging installation of its kind at an Indian airport for airside operations. The station is intended to serve electric buses operating between terminals and aircraft, enabling continuous airside transport operations while supporting emission reduction goals. Under the project, Servotech will be responsible for the supply, erection, testing, commissioning, and maintenance of the charging station for a five-year period. The chargers are expected to contribute to reducing transport-related emissions at the airport and support broader sustainability targets. EV charging infrastructure for aviation sector Sarika Bhatia, Director, Servotech Renewable Power System , said, 'We are thrilled to work with Bengaluru International Airport in its mission to drive sustainable change. This project is more than just an infrastructure milestone, it's a step toward transforming urban transport at one of India's busiest airports allowing us to electrify the airport and play a vital role in reducing its carbon emissions with our advanced EV charging technology and infrastructure.' 'This collaboration perfectly aligns with our long-term goals of providing high-quality EV charging infrastructure and contributing meaningfully to India's clean energy transition and we'll be looking forward to take on more such projects in the future and help improve EV charging infrastructure across different settings,' she added.
Business Standard
04-06-2025
- Business
- Business Standard
Servotech Renewable spurts on securing 7.8 MW grid-connected solar rooftop project
Servotech Renewable Power System rallied 10.84% to Rs 163.22 after the company secured a prestigious work order from the Rangiya Division of the Northeast Frontier Railway for a 7.8 MW grid-connected solar rooftop project. The project includes design, supply, installation, testing, and commissioning of a rooftop solar power system comprising monocrystalline panels and inverters with remote monitoring systems, including SIM-based connectivity, to be implemented across various sites in the Rangiya Division. The work is to be completed within six months from the date of the Letter of Acceptance (LoA). Additionally, the order, valued at Rs 33.6 crore, includes a comprehensive 5-year Annual Maintenance Contract (AMC) / Comprehensive Annual Maintenance Contract (CAMC) for multiple buildings within the Rangiya Division. The project underscores Servotechs strong execution capabilities and its growing footprint in Indias renewable energy sector, particularly in delivering large-scale solar and infrastructure initiatives. Sarika Bhatia, director of Servotech Renewable Power System, said, We are immensely proud to partner with the Northeast Frontier Railway on this crucial solar rooftop project. This order is a testament to Servotech's capabilities in delivering high-quality, reliable, and sustainable solar energy solutions. We are committed to supporting India's transition towards a greener future, and projects like these are vital in achieving that goal. Our comprehensive AMC/CAMC will also ensure the long-term efficiency and performance of the solar installations. Servotech Renewable Power System develops tech-enabled EV charging solutions. The company offers an extensive range of AC and DC chargers that are compatible with different electric vehicles and serve multiple applications, such as commercial and domestic.
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Business Standard
04-06-2025
- Business
- Business Standard
Servotech Renewable skyrockets 14% on this deal win; check key details here
Servotech Renewable share price: Servotech Renewable Power Systems (Servotech Renewable) shares were in demand on Wednesday, June 4, 2025, with the stock rising up to 14.42 per cent to hit an intraday high of ₹168.50 per share. At 11:25 AM, Servotech Renewable share was trading 11.57 per cent higher at ₹164.30 per share. In comparison, Nifty50 was trading 0.2 per cent higher at 24,591.50 level. What triggered an upward rally in Servotech Renewable shares today? Shares of Servotech Renewable surged after the company secured an order for a 7.8 MW grid-connected solar rooftop project from the Rangiya Division of the Northeast Frontier Railway. The contract, worth ₹33.6 crore, includes a comprehensive 5-year Annual Maintenance Contract (AMC) across various buildings within the division. Servotech Renewable said the project will boost the railway's sustainability initiatives by reducing its carbon footprint through clean energy generation. 'This prestigious project underscores Servotech's expertise and growing presence in India's renewable energy sector, particularly within large-scale infrastructure development,' Servotech Renewable said, in a statement. "We are immensely proud to partner with the Northeast Frontier Railway on this crucial solar rooftop project. This order is a testament to Servotech's capabilities in delivering high-quality, reliable, and sustainable solar energy solutions. We are committed to supporting India's transition towards a greener future, and projects like these are vital in achieving that goal. Our comprehensive AMC/CAMC will also ensure the long-term efficiency and performance of the solar installations," said Sarika Bhatia, director, Servotech Renewable Power System. About Servotech Renewable Power System Servotech Renewable Power System Limited, formerly Servotech Power Systems Ltd., is an NSE-listed company specialising in advanced EV charging solutions. Leveraging its strong engineering capabilities, Servotech Renewable aims to be a key enabler in building and strengthening India's electric vehicle infrastructure.
Business Upturn
03-06-2025
- Business
- Business Upturn
Servotech secures Rs 33.6 crore solar rooftop project from Northeast Frontier Railway
By Aditya Bhagchandani Published on June 3, 2025, 19:25 IST Servotech Renewable Power System Ltd. (NSE: SERVOTECH), a key player in India's solar solutions industry, has been awarded a 7.8 MW grid-connected solar rooftop project by the Rangiya Division of the Northeast Frontier Railway. The project is valued at Rs 33.6 crore and also includes a 5-year comprehensive Annual Maintenance Contract (AMC/CAMC) covering multiple buildings in the division. This major contract highlights Servotech's growing role in advancing India's renewable energy initiatives, particularly in large infrastructure projects. The installation aims to help the railway significantly reduce its carbon footprint by using clean solar energy, aligning with broader national sustainability goals. Commenting on the development, Sarika Bhatia, Director at Servotech Renewable Power System Ltd., said, 'We are immensely proud to partner with the Northeast Frontier Railway on this crucial solar rooftop project. This order is a testament to Servotech's capabilities in delivering high-quality, reliable, and sustainable solar energy solutions.' The project is expected to enhance the railway's energy efficiency while reinforcing Servotech's presence as a trusted name in India's clean energy landscape. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
