Servotech, BPCL to Set Up 1,800 EV Charging Stations
By Rediff Money Desk, NEWDELHI Jan 30, 2024 14:09
Servotech Power Systems has secured a Rs 120 crore order from BPCL to install 1,800 fast EV charging stations across India, aiming to complete the project by year-end.
New Delhi, Jan 30 (PTI) Servotech Power Systems Ltd (SPSL) on Tuesday said it has secured an order worth Rs 120 crore from Bharat Petroleum Corporation Limited (BPCL) to install 1,800 fast EV charging stations across various locations in India.
The project involves two charger variants, 60 kW and 120 kW, Servotech said, adding that it aims to complete this project by the end of this year.
In a statement the company said it has bagged an order of 1,800 DC fast EV charging stations from BPCL and the order value is Rs 120 crore.
"Our partnership focuses on establishing a dynamic EV charging network that makes EV charging accessible for EV owners nationwide.
"Through cutting-edge DC Fast EV chargers, we aim to play a pivotal role in realizing India's ambitious goals in the E-Mobility sector, bringing the nation closer to becoming an EV-powered nation," Sarika Bhatia, Director of Servotech Power Systems said.
Servotech Power Systems develops tech-enabled EV charging solutions.
The project involves two charger variants, 60 kW and 120 kW, Servotech said, adding that it aims to complete this project by the end of this year.
In a statement the company said it has bagged an order of 1,800 DC fast EV charging stations from BPCL and the order value is Rs 120 crore.
"Our partnership focuses on establishing a dynamic EV charging network that makes EV charging accessible for EV owners nationwide.
"Through cutting-edge DC Fast EV chargers, we aim to play a pivotal role in realizing India's ambitious goals in the E-Mobility sector, bringing the nation closer to becoming an EV-powered nation," Sarika Bhatia, Director of Servotech Power Systems said.
Servotech Power Systems develops tech-enabled EV charging solutions.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.48 (+ 3.38)
- 24862283
- GTL Infrastructure
- 2.24 (+ 1.36)
- 22738003
- Spicejet Ltd.
- 62.73 (+ 8.98)
- 14363475
- Suzlon Energy Ltd.
- 72.36 (+ 1.94)
- 11772905
- Jaiprakash Power Ven
- 18.67 (+ 1.08)
- 10264795
MORE NEWS
Sensex, Nifty Flat After Firm Opening: Stock...
Indian stock markets opened strong on Tuesday, led by Sensex and Nifty gains, but...
Rupee Rises 6 Paise to 83.94 vs US Dollar - News
The Indian rupee gained 6 paise to 83.94 against the US dollar in early trade on...
Augustinus Bader Skincare & Haircare Launches...
Tira brings Augustinus Bader's luxury skincare and haircare to India, offering...