Servotech Power Systems Secures Rs 1.02 Billion Order for 1500 DC Fast EV Chargers

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Servotech Power Systems Limited has secured a contract worth Rs 1.02 billion for 1500 DC fast electric vehicle (EV) chargers from Hindustan Petroleum Corporation Limited (HPCL) and other leading EV charger original equipment manufacturers (OEMs).

This order encompasses two variants of chargers, namely 60 kW and 120 kW, with the objective of augmenting the EV charging infrastructure across the nation. 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.

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