Servotech wins 4.1 MW solar order from East Coast Railway

23 Apr 2025 CW Team

Servotech Renewable Power System Ltd. (NSE: SERVOTECH) has secured a Rs 15.8 crore order to set up a 4.1 MW on-grid rooftop solar project for the Waltair Division of East Coast Railway, Visakhapatnam. The contract includes the design, supply, installation, and commissioning of solar PV plants at various locations across the division.

The order aligns with Indian Railways’ broader mission to decarbonise operations by integrating renewable energy. Under this initiative, Servotech will deploy solar photovoltaic systems of varying capacities to support energy-efficient rail infrastructure.

“We are delighted to have been awarded this significant 4.1 MW rooftop solar project by the Waltair Division of the East Coast Railway. This order reaffirms Servotech’s position as a trusted partner in India’s renewable energy landscape. We are committed to delivering best-in-class solar solutions and are proud to support Indian Railways in its journey towards cleaner and greener operations,” said Sarika Bhatia, Director, Servotech Renewable Power System Ltd.

This win boosts Servotech’s presence in the public sector and underlines its ability to deliver high-quality, large-scale solar solutions efficiently.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..