Servotech Power Systems Partners with Adani TotalEnergies for Widespread EV Charging Network Installation

Servotech Power Systems Ltd., India’s leading EV charger manufacturer, has joined forces with Adani TotalEnergies E-Mobility Ltd. (ATEL) in a landmark deal to supply and install AC EV chargers across airports and other key locations. This strategic partnership marks a significant step towards establishing a robust and user-friendly EV charging infrastructure across India, accelerating the nation’s transition towards sustainable mobility.

Servotech Power Systems signs a Contract with Adani TotalEnergies E-Mobility for EV Chargers

Key Points:

• Contract Scope: Servotech will manufacture, supply, install, and maintain AC EV chargers at airports and other designated locations, contributing to Adani Total Gas Ltd.’s ambitious target of installing 75,000 charging stations by 2030.
• Nationwide Impact: This project will be executed in phases, with the first batch of chargers already deployed. It directly supports India’s 2030 decarbonization goals and aligns with the growing demand for convenient and accessible EV charging solutions.
• Collaborative Vision: Servotech and Adani TotalEnergies share a commitment to advancing sustainable e-mobility solutions. This collaboration leverages Servotech’s expertise in high-quality EV chargers and Adani’s extensive network, creating a win-win situation for both companies and the environment.
• User-Centric Approach: The project aims to establish user-friendly e-mobility hubs, simplifying EV charging through streamlined transactions, enhanced availability, and convenient navigation.

Quotes:

• Sarika Bhatia, Director, Servotech Power Systems: “Our partnership with Adani TotalEnergies underscores our joint dedication to leading India’s E-Mobility transformation. We’re paving the way for a nationwide energy corridor for on-the-go EV charging, a pivotal move towards reinforcing India’s e-mobility vision.”
• Gautam Adani, Chairman, Adani Group: “This collaboration signifies our collective pursuit of a future defined by Nationwide Reach, Technological Innovation, Sustainability Impact, and Expanding Horizons. It directly contributes to India’s 2030 decarbonization goals, paving the way for a greener future.”

NSE update Link –https://nsearchives.nseindia.com/corporate/SERVOTECH_07022024142746_NSEPRESS.pdf