Servotech Power wins order for 1500 DC fast EV chargers from HPCL
By EPR Magazine Editorial February 23, 2024 5:16 pm IST
By EPR Magazine Editorial February 23, 2024 5:16 pm IST
The order is valued at 102 crores and involves two charger variants of 60 kW and 120 kW.
Servotech Power Systems Ltd., a leading manufacturer of EV chargers in India, has bagged a significant order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs. The order is valued at 102 crores and involves two charger variants of 60 kW and 120 kW.
The order secured by HPCL involves Servotech manufacturing, supplying and installing DC EV chargers nationwide, prioritising deployment at HPCL’s retail outlets. Additionally, Servotech will also manufacture and supply the rest of the chargers to EV charger OEMs. This move is seen as an important step in making EVs more consumer-friendly by creating a robust and well-connected EV charging infrastructure. It will also promote decarbonised mobility and cater to the evolving needs of the sustainable automotive industry.
Sarika Bhatia, Director of Servotech Power Systems Ltd., said, “We are honoured to be a part of India’s E-Mobility revolution and together with HPCL, we are committed to scaling up and fast-forwarding the transition to a sustainable future. As a leading EV charger manufacturer, our goal is to make India a nation where EVs are not just a dream but a living reality through a shared vision and relentless dedication”She further said, “We are confident that our high-quality and technologically advanced DC fast EV chargers will help to establish e-mobility touchpoints, optimize transactions, improve availability, simplify discovery, and facilitate navigation for EV users. Our active support ensures a smooth transition towards a cleaner, more sustainable transportation ecosystem.”
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