Servotech Bags Rooftop Solar Projects worth Rs 23.5 Cr from UPNEDA

NSE-listed Servotech Power Systems has secured large-scale grid-interactive rooftop solar projects with an aggregate value of about Rs 23.50 crore from the state nodal agency Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA).
 
Under the contract, the company would develop 4.1 MW capacity of solar power plants at the buildings of Secondary Schools across the state, and these projects would be completed within 4 months timeframe from the date of awarding the project.
 
The company in a statement said that the main grounds for securing the projects include strong technical capabilities, competitive price, and the size & strength to complete this project on schedule.
 
This important project was won by Servotech in large part due to its excellent track record of project deliverance and robust solar rooftop capabilities, it added.
 
The company’s scope of project work would include the design, manufacture, supply, erection, testing, and commissioning of rooftop solar systems across these sites.
 
Commenting on winning the projects, Raman Bhatia, Founder and Managing Director of Servotech Power Systems, said, “Having successfully completed a key solar project by UPNEDA last year, with this new project, the company has further amplified and bolstered the variety of solar solutions it offers within the renewable energy sector. We are honoured to have been given this important order by UPNEDA to construct Solar PV projects in India’s largest state. This project is one of the most high-profile grid-scale solar projects in our 14 years of solar project experience and is a testament to Servotech Power Systems’ innovative work in project execution capabilities in the solar energy arena.”