Servotech Renewable Power System Ltd. (formerly known as Servotech Power Systems Ltd.) informed its valued customers, shareholders and stakeholders that the company has been granted a patent by the Indian Patent Office for its proprietary innovation titled “System and Method for Peak Shaving”. The patent is effective for a period of 20 years from its original filing date.
This development marks a significant milestone in Servotech’s innovation journey and strengthens its intellectual property portfolio in the energy technology space. The patented solution enables intelligent reduction of peak electricity demand, improving energy efficiency and offering cost-saving benefits to users while contributing to grid stability.
Raman Bhatia, Founder & Managing Director of Servotech Renewable Power System Ltd., commented, “This patent recognition is a powerful validation of our R&D efforts. It accelerates our strategic push into future-ready energy solutions and aligns with our vision of delivering long-term value to our shareholders and partners. Servotech continues to invest in advanced technologies that support a cleaner, smarter, and more efficient energy future.”
“Servotech’s strategic highlights present a compelling opportunity. The expansive market potential opens avenues for innovative product development and widespread commercial applications, positioning the company for significant growth across diverse sectors. Servotech’s technological edge solidifies its leadership in the rapidly evolving smart energy solutions and sustainable infrastructure domain. Furthermore, the company’s focus on IP-driven differentiation strengthens its competitive position by providing a robust defense for its innovations. Ultimately, these strategic initiatives collectively contribute to a strong foundation for long-term growth, fostering sustained innovation and driving shareholder value creation,” added Raman Bhatia.
Click Here to get the latest EV news and exclusive updates from EV Mechanica on WhatsApp!