Servotech Renewable Share Price in Focus on Securing ₹73.70 Crore Rooftop Solar Project

Servotech Renewable share price has come in focus today. The company has secured a ₹73.70 crore rooftop solar project from the New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. (NREDCAP) under the PM Surya Ghar: Muft Bijli Yojana, as per the exchange filings.  

The project covers grid-connected installations across the Kavali division for 5,886 Scheduled Caste (SC) and Scheduled Tribe (ST) households. 

Servotech Renewable Project Details 

The order includes the design, engineering, supply, installation, testing, and commissioning of rooftop solar systems in multiple capacities. The work will be carried out under the Utility-Led Aggregation CAPEX model, and the company will handle comprehensive O&M services for five years. 

Focus on Community-Based Clean Energy 

Servotech Renewable stated that the assignment strengthens efforts to bring solar power directly to consumers in the region. Sarika Bhatia, Whole-Time Director, said, “We are honored to have this opportunity to work with NREDCAP on a project that brings solar energy directly to thousands of consumers from the community.  

This order reflects our commitment to advancing inclusive clean energy growth and demonstrates our ability to execute large-scale distributed solar deployments with precision and quality. Servotech Renewable remains focused on empowering communities and strengthening India’s journey toward a sustainable, energy-secure future.” 

About Servotech Renewable Power System 

Servotech Renewable Power System Ltd. specialises in EV charging technologies and distributed solar solutions, offering a range of AC and DC charging products supported by over two decades of electronics expertise. The company operates across India and shares information through its official website. 

Read More: NTPC Green Energy Arm Commissions 75.5 MW Solar Project at Khavda-I! 

Servotech Renewable Power System Share Price Performance  

As of November 20, 2025, at 09:24 AM, Servotech Renewable Power System Ltd share price is trading at ₹98.98 per share, reflecting a surge of 2.22% from the previous closing price.  

Conclusion 

The rooftop solar project adds to Servotech Renewable’s expanding work in decentralised clean energy deployment. The assignment focuses on household-level installations aimed at increasing solar accessibility within the Kavali division. 

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