4 Jun '25|10:52 AM
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 Servotech's strong execution capabilities and its growing footprint in India's 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.
The company's consolidated net profit jumped 127.1% to Rs 7.79 crore on a 7.4% rise in net sales to Rs 146.28 crore in Q4 FY25 over Q4 FY24.
Powered by Capital Market - Live News