Servotech Wins $12 Million Order for 1,500 DC EV Chargers from HPCL

The company will manufacture, supply, and install DC EV chargers across India

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Electric vehicle (EV) charger and energy efficiency products manufacturer Servotech Power Systems recently won an order worth ₹1.02 billion (~$12.31 million) for 1,500 DC fast EV chargers from Hindustan Petroleum Corporation (HPCL).

In addition to this order, which consists of two charger variations of 60 kW and 120 kW, the company will also manufacture and supply EV chargers to original equipment manufacturers.

The company manufactures both AC and DC chargers that are compatible with different EVs.

“We are confident that our high-quality and technologically advanced DC fast EV chargers will help to establish e-mobility touchpoints, optimize transactions, improve availability, simplify discovery, and facilitate navigation for EV users. Our active support ensures a smooth transition towards a cleaner, more sustainable transport ecosystem,” said Sarika Bhatia, director of Servotech.

This is the second such order for the company recently. Earlier this month, Servotech secured an order from Bharat Petroleum Corporation for 1,800 DC Fast EV chargers to be installed pan-India.

Last year, Union Minister for Power and New and Renewable Energy R K Singh informed Parliament that India had only 5,254 public charging stations in operation. The government aims to install a total of 46,397 public charging stations in nine major cities by the end of the decade.

To boost public EV charging infrastructure in the country, the government has clarified that charging EVs through charging stations does not require licenses.

The Central Electricity Authority has also issued amendments to the regulations regarding technical standards pertaining to grid connectivity and the safety of supply for charging stations.

This year, the Ministry of Heavy Industry increased the budgetary outlay for the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles program by $180.7 million in a bid to offer subsidies for EV manufacturers and increase the adoption of EVs in India.

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