Servotech Renewable Power System Limited — New Orders, 23-04-2025: Bagging/Receiving of orders/contracts

The company has secured a significant order worth INR 15.89 crore from the Waltair Division of East Coast Railway for a 4.1 MW on-grid rooftop solar project. This project encompasses design, manufacturing, supply, installation, testing, and commissioning of solar photovoltaic plants across multiple locations within the Waltair division, specifically in Visakhapatnam and surrounding areas. The project is expected to be executed within 240 days from the acceptance of the order. This contract represents a strategic opportunity for the company to enhance its portfolio in renewable energy and capitalize on the growing demand for solar solutions, reinforcing its market position. Investors should view this as a positive development for future growth potential.