+
Servotech, Adani TotalEnergies tie-up for EV chargers
POWER & RENEWABLE ENERGY

Servotech, Adani TotalEnergies tie-up for EV chargers

Servotech Power Systems, India's leading EV charger manufacturer and charging solutions provider has signed a contract with Adani TotalEnergies E-Mobility Ltd. (ATEL) for AC EV chargers. Servotech Power Systems will be responsible for manufacturing, supplying and installing AC EV chargers at different airports and other said locations, playing a key role in driving widespread EV charging solutions, vital for advancing decarbonised mobility. The project will be executed in phases and the supply of the first phase of EV chargers has already started. This initiative is poised to significantly contribute to India's 2030 decarbonisation objectives, propelled by the growing inclination towards EVs and the establishment of a robust EV charging network.

Servotech Power Systems will oversee the manufacturing, supply, installation and maintenance of EV chargers, making a significant contribution towards realizing the vision outlined by Gautam Adani, Chairman of the Adani Group. Adani Total Gas Ltd aims to install 75,000 EV charging stations by 2030, fostering a robust EV charging ecosystem. Leveraging Servotech's high-quality and advanced EV chargers, this opportunity presents an exciting prospect for Servotech to play a major role in fulfilling Gautam Adani's visionary initiative. Servotech hopes this contract will pave the way for large EV charger orders this year. This contract aims to establish user-friendly e-mobility hubs, streamlining transactions, enhancing availability, facilitating discovery, and simplifying navigation for EV users. The ultimate objective is to ensure convenient access to the growing EV charging network, marking a substantial stride in advancing sustainable and accessible e-mobility in India, aligning with the overarching vision for a robust and user-centric EV charging infrastructure.

Sarika Bhatia, Director at Servotech Power Systems, states, "Our partnership with Adani Total Energies underscores our joint dedication to leading India's E-Mobility transformation. Together, we're paving the way for an extensive nationwide energy corridor for on-the-go EV charging, a pivotal move towards reinforcing India's e-mobility vision. Through our manufacturing prowess, we're committed to enhancing India's EV charging infrastructure while supporting esteemed organizations like the Adani Group", affirms Bhatia.

This collaboration signifies our collective pursuit of a future defined by Nationwide Reach, Technological Innovation, Sustainability Impact, and Expanding Horizons. This initiative directly contributes to India's 2030 decarbonization goals, paving the way for a greener future. We're determined to elevate accessibility, convenience, and sustainability in e-mobility solutions, propelling India towards a resilient, high-capacity EV charging network. Our commitment to driving innovation remains unwavering, as we advance sustainable mobility, one charge at a time, said Sarika Bhatia.

Servotech Power Systems, India's leading EV charger manufacturer and charging solutions provider has signed a contract with Adani TotalEnergies E-Mobility Ltd. (ATEL) for AC EV chargers. Servotech Power Systems will be responsible for manufacturing, supplying and installing AC EV chargers at different airports and other said locations, playing a key role in driving widespread EV charging solutions, vital for advancing decarbonised mobility. The project will be executed in phases and the supply of the first phase of EV chargers has already started. This initiative is poised to significantly contribute to India's 2030 decarbonisation objectives, propelled by the growing inclination towards EVs and the establishment of a robust EV charging network. Servotech Power Systems will oversee the manufacturing, supply, installation and maintenance of EV chargers, making a significant contribution towards realizing the vision outlined by Gautam Adani, Chairman of the Adani Group. Adani Total Gas Ltd aims to install 75,000 EV charging stations by 2030, fostering a robust EV charging ecosystem. Leveraging Servotech's high-quality and advanced EV chargers, this opportunity presents an exciting prospect for Servotech to play a major role in fulfilling Gautam Adani's visionary initiative. Servotech hopes this contract will pave the way for large EV charger orders this year. This contract aims to establish user-friendly e-mobility hubs, streamlining transactions, enhancing availability, facilitating discovery, and simplifying navigation for EV users. The ultimate objective is to ensure convenient access to the growing EV charging network, marking a substantial stride in advancing sustainable and accessible e-mobility in India, aligning with the overarching vision for a robust and user-centric EV charging infrastructure. Sarika Bhatia, Director at Servotech Power Systems, states, Our partnership with Adani Total Energies underscores our joint dedication to leading India's E-Mobility transformation. Together, we're paving the way for an extensive nationwide energy corridor for on-the-go EV charging, a pivotal move towards reinforcing India's e-mobility vision. Through our manufacturing prowess, we're committed to enhancing India's EV charging infrastructure while supporting esteemed organizations like the Adani Group, affirms Bhatia. This collaboration signifies our collective pursuit of a future defined by Nationwide Reach, Technological Innovation, Sustainability Impact, and Expanding Horizons. This initiative directly contributes to India's 2030 decarbonization goals, paving the way for a greener future. We're determined to elevate accessibility, convenience, and sustainability in e-mobility solutions, propelling India towards a resilient, high-capacity EV charging network. Our commitment to driving innovation remains unwavering, as we advance sustainable mobility, one charge at a time, said Sarika Bhatia.

Next Story
Infrastructure Urban

Budget Proposal Aims to Boost Investments

The recent budget proposal has introduced measures designed to promote investments and generate job opportunities across various industries, as reported by the Economic Times. This initiative seeks to stimulate economic activity and strengthen the country's growth trajectory by encouraging both domestic and foreign investments. Key aspects of the proposal include targeted incentives for sectors poised for expansion, such as renewable energy, infrastructure, and technology. The government aims to create a more favorable investment climate by offering tax benefits, subsidies, and streamlined reg..

Next Story
Infrastructure Urban

DGTR Proposes Anti-Dumping Duty on Aluminium

The Directorate General of Trade Remedies (DGTR) has proposed imposing an anti-dumping duty of up to Rs.577 per tonne on aluminium frames imported from China, as reported by the Economic Times. This move aims to address concerns about unfair trade practices and protect the domestic aluminium industry from the adverse effects of low-cost imports. The proposed anti-dumping duty comes in response to allegations that Chinese aluminium frames are being sold in the Indian market at prices below fair market value. Such practices are deemed harmful to domestic manufacturers, potentially leading to ma..

Next Story
Infrastructure Urban

Indian Financial System Resilient Amidst Challenges

The Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao has emphasized the robust nature of the Indian financial system despite global economic headwinds, according to Economic Times. Rao?s comments reflect confidence in the stability and resilience of India's financial sector amidst a backdrop of international economic uncertainties and financial volatility. Rao highlighted that India?s financial system is well-equipped to handle external shocks due to its solid regulatory framework and prudent risk management practices. The country?s banking sector has demonstrated resilience throug..

Talk to us?