Servotech Power Systems Ltd. has signed a contract with Adani TotalEnergies E-Mobility Ltd. (ATEL) for AC EV chargers. Servotech Power Systems will be responsible for manufacturing, supplying and Installing AC EV chargers at different Airports and other said locations, playing a key role in driving widespread EV charging solutions, vital for advancing decarbonized mobility. The project will be executed in phases and the supply of the first phase of EV chargers has already started.

This initiative is poised to significantly contribute to India's 2030 decarbonization objectives, propelled by the growing inclination towards EVs and the establishment of a robust EV charging network. Servotech Power Systems will oversee the manufacturing, supply, installation and maintenance of EV chargers, making a significant contribution towards realizing the vision outlined by Gautam Adani, Chairman of the Adani Group. Adani Total Gas Ltd. aims to install 75,000 EV charging stations by 2030, fostering a robust EV charging ecosystem.

Leveraging Servotech's high-quality and advanced EV chargers, this opportunity presents an exciting prospect for Servotech to play a major role in fulfilling Gautam Adani's visionary initiative. Servotech hopes this contract will pave the way for large EV charger orders this year. This contract aims to establish user-friendly e-mobility hubs, streamlining transactions, enhancing availability, facilitating discovery, and simplifying navigation for EV users.

The ultimate objective is to ensure convenient access to the growing EV charging network, marking a substantial stride in advancing sustainable and accessible e-mobility in India, aligning with the overarching vision for a robust and user-centric EV charging infrastructure.