Renewable energy-based firm, Servotech Power Systems Limited (SPSL) has won a new EV Charger Supply project from Bharat Petroleum Corporation Limited (BPCL).
The company has informed the same about the exchange.
The National Stock Exchange (NSE) listed company has won a major project of EV Charger Supply from the state-run oil marketing major, the company’s exchange filing said.
Servotech has been awarded a major project by Bharat Petroleum Corporation Limited (BPCL) to supply and install 800 units of DC fast EV Chargers at different locations across the country in the next four months, as per a company statement.
New Delhi-based Servotech Power Systems is a manufacturer and distributor of EV charging solutions, solar products and medical devices in the country.
The project execution involves supplying a series of EV Chargers, which has already been initiated from the state of Delhi, is worth Rs. 46.2 crores and is expected to be completed by 31st March 2023.
The project will span across the country, equipping petrol pumps in major Indian cities with EV charging capabilities on its course.
As part of this project, Servotech will take care of installation, commissioning, and maintenance of DC fast chargers at a range of locations involving BPCL’s retail sites and fuel and gas stations, as suggested by BPCL, the company statement added.
The project will help ensure the deployment of e-mobility touchpoints that address transactions, availability, discovery, and navigation to give users of electric vehicles easy access to the charging network, it said in a release.
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