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An announcement from Servotech Power Systems Ltd. ( (IN:SERVOTECH) ) is now available.
Servotech Renewable Power System Limited has secured a significant contract worth approximately INR 60 crores from Madhya Pradesh Urja Vikas Nigam Ltd. for a 16 MW on-grid solar rooftop project. This contract, which involves the installation of solar systems with capacities ranging from 1 KW to 500 KW across various locations in Madhya Pradesh, is expected to be completed within five months. The acquisition of this contract highlights Servotech’s growing influence in the renewable energy sector and its commitment to expanding solar infrastructure, potentially boosting its market position and offering substantial benefits to its stakeholders.
More about Servotech Power Systems Ltd.
Servotech Renewable Power System Limited operates in the renewable energy sector, focusing on the design, supply, installation, and commissioning of solar power systems. The company is involved in projects that enhance sustainable energy solutions, particularly in the solar energy domain.
Average Trading Volume: 1,310,187
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