Servotech Renewable Power System Limited has informed the Exchange regarding a press release dated August 19, 2025, titled "Servotech Secures 7.3 MW On-Grid Solar Rooftop Order from North Western Railway Jaipur Division".
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Servotech Renewable Power System has won a 7.3 MW on-grid rooftop solar project from the North Western Railway's Jaipur Division, valued at ₹28.84 crore. Under the contract, Servotech will handle end-to-end execution including design, manufacturing, supply, installation, testing, and commissioning of rooftop solar systems across multiple sites in the Jaipur Division. The order aligns with Indian Railways' sustainability push to cut carbon emissions and reduce reliance on conventional energy. The company described the win as strengthening its presence in the public sector for large-scale solar projects.
This is a meaningful new government-sector order for Servotech, adding ₹28.84 crore to its order book and reinforcing its credibility in rooftop solar. Positive for the stock in the short term as it signals continued order inflows, though the impact will depend on execution timelines and the company's overall revenue base.