The order secured by HPCL includes Servotech manufacturing, supplying and putting in DC EV chargers nationwide, prioritizing deployment at HPCL’s stores.

Inventory Market Information: Servotech Energy Techniques Ltd. has bagged a contemporary order for practically 1500 DC quick EV chargers from Hindustan Petroleum Company Restricted (HPCL) and different EV charger OEMs. The order is valued at 102 crores and includes two charger variants of 60 kW and 120 kW.

The order secured by HPCL includes Servotech manufacturing, supplying and putting in DC EV chargers nationwide, prioritizing deployment at HPCL’s stores. Moreover, Servotech will even manufacture and provide the remainder of the chargers to EV charger OEMs.

This transfer is seen as an vital step in making EVs extra consumer-friendly by creating a strong and well-connected EV charging infrastructure. It is going to additionally promote decarbonized mobility and cater to the evolving wants of the sustainable automotive business.

Commenting on the event, Sarika Bhatia, Director of Servotech Energy Techniques Ltd., stated that the corporate is dedicated to scaling up and fast-forwarding the transition to a sustainable future.

“As a number one EV charger producer, our objective is to make India a nation the place EVs should not only a dream however a dwelling actuality by a shared imaginative and prescient and relentless dedication,” Bhatia stated.

“We’re assured that our high-quality and technologically superior DC quick EV chargers will assist to ascertain e-mobility touchpoints, optimize transactions, enhance availability, simplify discovery, and facilitate navigation for EV customers. Our lively assist ensures a easy transition in the direction of a cleaner, extra sustainable transportation ecosystem” stated Sarika concluded.

Disclaimer: The article is for informational functions solely and never funding recommendation.