Servotech wins 900 kW solar rooftop order from UP Rural Development

Govt Defence OrderBusiness Updates View source PDF

SERVOTECH · price

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+3.6%1-day move

₹96.95

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₹100.00

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AI summary

Servotech Renewable Power System has secured a domestic order from UPSRLM, Rural Development Department Uttar Pradesh, for a 900 kW grid-connected rooftop solar project across 12 locations. Scope includes design, supply, installation, commissioning and maintenance of hybrid solar plants with battery storage. Execution timeline is 6 months.

Likely market impact

Government order boosts near-term revenue visibility in solar rooftop segment. Positive for order book; execution must complete within 6 months.