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Servotech and CIMSME Collaborate to Boost Solar Energy Adoption in India

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Servotech and CIMSME Collaborate to Boost Solar Energy Adoption in India

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Servotech Power Systems Ltd. ( (IN:SERVOTECH) ) has provided an announcement.

Servotech Renewable Power System Ltd. and the Chamber of Indian Micro, Small & Medium Enterprises (CIMSME) have signed a Memorandum of Understanding to promote solar energy adoption in India. They plan to install 100,000 solar rooftop systems by 2026 under the PM Surya Ghar Yojana, facilitated by a new mobile app that streamlines the solar installation process. CIMSME will deploy a network of 30,000 individuals to support this initiative, while Servotech will provide solar solutions and maintenance services, enhancing accessibility to solar energy for Indian households.

More about Servotech Power Systems Ltd.

Servotech Renewable Power System Ltd. is a leader in sustainable energy solutions, focusing on solar energy products and services. The company aims to enhance solar energy adoption across India, providing comprehensive end-to-end solar solutions and maintenance services.

YTD Price Performance: -26.74%

Average Trading Volume: 733,317

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