Archive · 20 Aug 2025
Servotech Renewable Power Secures Solar Order, Shares Rise
Servotech Renewable Power, a solar energy company, got a big order to build solar panels on rooftops for the North Western Railway in Jaipur.
This project is worth ₹28.84 crore.
The company will take care of everything, from planning to installing the solar panels.
This news made the company's stock price go up by almost 7%.
The project helps the railway use less regular energy and be more environmentally friendly.
The company is happy to be part of India's shift to clean energy.
Servotech Renewable Power secured a 7.3 MW on-grid rooftop solar order.
The order is from the North Western Railway, Jaipur Division.
The project's total value is ₹28.84 crore.
Servotech will handle the project's end-to-end execution.
Shares of Servotech rose nearly 7% after the announcement.
- Who
- Servotech Renewable Power and North Western Railway, Jaipur Division.
- What
- Servotech Renewable Power secured a 7.3 MW on-grid rooftop solar order.
- When
- August 20, after the company announced the order.
- Where
- Jaipur Division of the North Western Railway.
- Why
- To reduce dependence on conventional energy and cut carbon emissions through renewable integration.
- Company
- Servotech Renewable Power System Ltd.
- Order Size
- 7.3 MW
- Client
- North Western Railway, Jaipur Division
- Project Value
- ₹28.84 crore
- Stock High
- ₹133
- Stock Change (Intraday)
- Almost 7%