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Servotech Renewable Power System Ltd. has secured an order for approximately 1100 grid-connected agriculture pumps from the Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA) under the KUSUM Component C-1 Scheme. Valued at around 31 Crores, the project involves the manufacturing, supplying, installation, testing, and commissioning of the pumps, along with solar power plants. Servotech will also provide a comprehensive warranty maintenance service for five years.
This initiative is poised to enhance solar adoption in Uttar Pradesh's farming sector, promoting cleaner and more sustainable energy solutions, which could significantly reduce farmers' reliance on diesel generators and traditional energy sources for irrigation. The positive implications for rural communities include lowered operational costs and increased productivity, aligning with the state’s renewable energy goals, contributing to a positive outlook for Servotech’s future growth and market influence.
All announcements from Servotech Renewable Power System Limited