Servotech Power Systems Ltd. and EMCOR Power Solutions Enter into a Strategic Partnership to Revolutionize EV Charging Infrastructure in India
In a groundbreaking development with the goal of advancing well-equipped and cutting-edge electric vehicle (EV) charging infrastructure, Servotech Power Systems Ltd., a distinguished manufacturer of EV chargers listed on the NSE in India, has entered into a strategic Memorandum of Understanding (MOU) with EMCOR Power Solutions. EMCOR Power Solutions, the Indian business start-up of EMCOR International, a reputable Kuwait-based general trading company with a strong focus on the Oil and Gas sector and various ministerial departments, has established a formidable reputation for its remarkable and technologically advanced battery solutions and EV charging infrastructure services.
Under the terms of this MOU, EMCOR Power Solutions has committed to providing Servotech Power Systems with 1000 Charge Point Operator (CPO) sites across India. These sites will serve as the foundation for the installation of EV chargers, as outlined in the agreement. Servotech Power Systems will take on the role of manufacturing and installing a variety of EV chargers, including 30kW, 60kW, and even more powerful direct current (DC) fast chargers, strategically distributed throughout India to meet the diverse power requirements of different locations. The project will be executed in phases, with the initial phase focusing on the installation of 100 DC fast EV chargers in South India, followed by further expansion across India as a whole. This partnership marks a significant milestone in the quest for efficient and well-equipped EV charging infrastructure in India.
Mr. Raman Bhatia, Managing Director of Servotech Power Systems Ltd., expressed his enthusiasm for this partnership, stating, “The signed MOU aims to accelerate nationwide adoption of Electric Vehicles by developing a well-equipped and technologically advanced EV charging infrastructure. We understand that the widespread adoption of EVs requires more than just cutting-edge EV chargers; it demands a comprehensive and robust charging infrastructure that is accessible to all. Our goal, as the leading EV charger manufacturer in India, with a substantial market share, is to transform this vision into reality. We are confident that our deep industry knowledge and expertise in manufacturing high-quality, reliable, and affordable charging solutions will make this partnership a resounding success.”
Mr. Byju Kuniyil, Managing Director of EMCOR Power Solutions and EMCOR International GTC, Kuwait, emphasized, “As the leading sustainable energy and power protection solutions provider, we, EMCOR Power Solutions, understand that the path to sustainability is paved through innovation, dedication, and strategic alliances. In the pursuit of fulfilling our vision of accelerating the transition to sustainable mobility, we have forged strategic partnerships. These partnerships signify our dedication to bringing world-class expertise and cutting-edge technology to the forefront of sustainable mobility solutions. We are fully committed to leveraging our vast experience and resources to drive transformative change in the sustainable mobility landscape. Through this partnership, we aim to enter the realm of EV charging and are excited about the possibilities this partnership holds and the positive impact it will bring to our nation’s mobility landscape.”
About Servotech Power Systems Limited: Servotech Power Systems is an NSE-listed organization with a rich legacy in the electronics industry, boasting over two decades of experience and expertise. They have been instrumental in developing tech-enabled EV charging solutions and offer an extensive range of AC and DC chargers compatible with various EVs and suitable for both commercial and domestic applications. In addition to its electric vehicle endeavors, Servotech Power Systems is known for its innovation and distribution of high-end LED lighting, UV-C disinfection products, and medical-grade oxygen concentrators.