Incharz and Prateek Group to Expand EV Charging in Delhi-NCR

22 Jul 2024 CW Team

Incharz, a division of Servitech Power Systems, has announced a new partnership with real estate developer Prateek Group to enhance electric vehicle (EV) charging infrastructure in the Delhi-NCR region. The agreement was formalized in Noida, with Prem Prakash, CEO of Incharz, and Sunil Kumar Mittal, President of Prateek Group, signing the deal.

Under the terms of the agreement, Prateek Group will provide sites for the installation of public EV charging stations. Incharz will handle the design, supply, installation, commissioning, operation, and maintenance of these stations throughout the Delhi-NCR area.

Prem Prakash commented, "Our efficient hardware and software solutions will ensure reliable EV charging stations. By introducing EV charging to both residential and commercial complexes, we aim to make EVs a common choice and improve accessibility for EV owners."

Servotech Power Systems, a publicly listed company, specializes in tech-enabled EV charging and solar solutions. This partnership marks a significant step towards expanding EV infrastructure in the region.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..