NSE-Listed Stock Servotech Renewable Power System Wins Massive Railway Order

A 2.58 MW grid-connected rooftop solar project from the South Eastern Railway's Ranchi Division has been awarded to Servotech Renewable Power System Ltd. This accomplishment demonstrates Indian Railways' perpetual confidence in Servotech's expertise and reaffirms its contribution to the country's clean energy revolution.

This project notably contributes to India's goal of a net-zero future by highlighting not just Servotech's expertise in the renewable energy industry but also Indian Railways' continuous efforts to increase solar adoption throughout its divisions.

The on-grid rooftop solar PV project will be fully executed by Servotech Renewable under the terms of this contract. This includes designing, producing, supplying, installing, testing, and commissioning solar panels of various capacities at various Ranchi Division locations.

"This initiative supports Indian Railways' broader sustainability agenda aiming to achieve net zero carbon emissions through large-scale renewable energy adoption," said Servotech Renewable Power System in an NSE filing on Monday.

Sarika Bhatia, Director, Servotech Renewable Power System Ltd. said, "We are honoured to once again work with the Indian Railways in their journey toward a cleaner and more sustainable future. This project further reinforces the trust that Indian Railways has placed in Servotech Renewable's expertise and execution capabilities. We will be leveraging our innovation in high-performance solar technology to help the South Eastern Railway to not just meet its sustainability goals, but to set a new standard for clean energy adoption across the entire transport sector and support them in their continued efforts toward a green energy transition."

An Indian company with a listing on the National Stock Exchange (NSE), Servotech Renewable Power System Ltd. (previously Servotech Power Systems Ltd.) focuses on solar energy solutions and infrastructure for electric vehicle (EV) charging. The firm produces and distributes a variety of solar products, such as solar water pumps, solar PWM and MPPT charge controllers, solar BLDC fans, and solar lighting systems.

A leading producer of EV chargers, Servotech provides AC and DC chargers that work with a range of EVs for both home and business applications. Additionally, the firm produces medical-grade oxygen concentrators, LED lights, and UVC disinfection equipment.

Servotech Renewable Power System Ltd. (SERVOTECH) was trading at Rs 126.43 on the NSE as of October 13, 2025, which was 1.25% down from the previous close. A 52-week high of Rs 198.40 and a 52-week low of Rs 97.55 indicate the stock's extreme volatility over the course of the last 1 year.