Servotech Renewable signs MoU worth Rs 400 crores with Haryana Government
Delhi-based renewable energy firm Servotech Renewable Power System Ltd has signed a Memorandum of Understanding (MoU) worth Rs 400 crore in Haryana. The MoU was signed with the Haryana Enterprises Promotion Centre, Department of Industries & Commerce, to expand its manufacturing and warehousing operations.
According to the firm, the investment will be made over the next 3 years and will expand manufacturing capacity for EV chargers, solar products, battery packs, battery energy storage systems (BESS), and power electronics.
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