Servotech Renewable Power Systems Limited secured a contract to supply, install, test, and commission a 7.3 MW on-grid rooftop solar power plant for the Jaipur Division of North Western Railway with a contract value of INR 28.84 Crores. The order is to be executed within 6 months from the issue of the Letter of Award, reflecting the company’s focus on expanding its presence in renewable energy solutions.
Servotech Renewable Power Systems operates in the renewable energy sector with specialization in solar power projects. The company is increasingly securing contracts with public sector entities, reinforcing its footprint in domestic solar infrastructure development. This order from the Indian Railways is a significant addition to their project portfolio.
Financially, Servotech Renewable has been progressively improving its revenues and profitability, with recent quarterly results indicating growth driven by new orders and expanding solar installations. The company is positioned well amid rising green energy demand in India, attracting interest from investors focused on sustainable infrastructure growth.
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