Servotech wins 900 kW solar plus BESS order from UP Govt Rural Development Dept

Govt Defence OrderBusiness Updates View source PDF

SERVOTECH · price

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Price reaction · full curve 14 horizons · vs prior close

+3.6%1-day move

₹96.95

prior close

₹100.00

base price

After-mkt

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-0.7+1.7+1.0-0.4+3.6+3.4+2.9+0.4-0.3—————

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AI summary

Servotech Renewable has secured a 900 kW hybrid solar rooftop project with battery energy storage (BESS) from UPSRLM, UP Government's Rural Development Department. The project covers 12 locations of 75 kW each across Uttar Pradesh. Servotech will handle design, supply, installation, commissioning and maintenance. The order supports rural decentralised renewable energy adoption.

Likely market impact

Strengthens order book and presence in government-backed solar projects; positive for revenue visibility.