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Sun-powered success
The intermittency of solar and wind energy poses another challenge, as large volumes of renewable energy must be integrated into the grid.Read more
Government approves new EV policy to attract big investment in manufacturing
As per the policy, electric vehicle maker will have to make minimum investment of Rs 4150 crore to set up manufacturing facilities in India, and 50 per cent domestic value addition to be reached within 5 years at the maximumRead more
Servotech, IIT Roorkee collaborate to develop rectifier units of CCS2 chargers
This collaboration will boost domestic manufacturing capabilities and promote the growth of the domestic EV industry.Read more
Servotech Power Systems, EMCOR to establish 1000 EV charging stations in India
EMCOR Power Solutions is the Indian business start-up of EMCOR International, a renowned Kuwait-based general trading company with a strong focus on the Oil and Gas sector.Read more
Servotech to establish EV Charger Manufacturing Plant, signs MoU with UP govt
The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by Raman Bhatia, Managing Director, Servotech Power Systems, and Nand Gopal Gupta ‘Nandi’, Minister of Industrial Development, Government of Uttar PradeshRead more
Servotech Power Systems announces subsidiary to manufacture key EV components
The establishment of a wholly owned new subsidiary Techbec Green Energy aim to indigenously manufacture key components for Electric Vehicle (EV) chargers.Read more
Budget 2023: Will 'green growth' energise equipment demand?
Identifying green growth as one of the seven priorities of this year’s budget, Finance Minister Nirmala Sitharaman has announced a slew of measures to achieve energy transition and net zero objectives. But, will these generate demand for equipment and solutions in the country? Let's hear from the industry leaders.Read more