Servotech Wins ₹1.2 Billion Contract from BPCL to Deploy 1,800 EV Chargers

The EV chargers will deployed across India by the end of 2024


Servotech Power Systems, an electric vehicle (EV) charger, and energy efficiency products manufacturer, has won an order for 1,800 DC Fast EV Chargers to be installed across India from government-owned oil and gas major Bharat Petroleum Corporation (BPCL).

The order is valued at ₹1.2 billion (~$14.46 million) and encompasses the installation and commissioning of two charger variants, 60 kW and 120 kW in the 70:30 ratio.

Servotech will manufacture, supply, install, and deploy these 1,800 EV chargers across India by the end of 2024, particularly at BPCL petrol pumps in major cities, as part of the BPCL E-drive Project.

BPCL will conduct the initial site inspections to confirm the type of charger that can be installed at each of these sites.

Servotech will also be responsible for a comprehensive annual maintenance contract for seven years following the three-year warranty period. The company will have to provide a security deposit of 10% of the contract value upfront.

BPCL issued the tender for the project in June last year for a total of 2,400 EV chargers (1,800 – 60 kW DC Fast Chargers and 600 – 120 kW DC Fast Chargers).

The BPCL-E-drive project aims to establish e-mobility touchpoints, optimize transactions, improve availability, simplify discovery, and facilitate navigation for EV users.

Servotech and BPCL had previously collaborated to supply and install 2,649 AC EV chargers under the same project. Servotech claims to have completed 36% of the supply and installation for the order and expects the project to be completed by March 2024.

Commenting on the new order, Sarika Bhatia, Director of Servotech Power Systems, said, “We take immense pride in accelerating India’s E-Mobility revolution in collaboration with BPCL. Our partnership focuses on establishing a dynamic EV charging network that makes EV charging accessible for EV owners nationwide. “

As of January 2024, Servotech has already supplied 4,000 EV Chargers across India.

According to the information provided by R.K. Singh, Union Minister of Power and New and Renewable Energy, in a written reply in the Lok Sabha early last year, the government aims to install a total of 46,397 public charging stations for EVs in nine major cities by the end of the decade.

EV sales in India reached a record 1.53 million units in 2023, a jump of over 50% year over year compared to the million units sold in 2022.