“Rooftop solar panels on blue metal railway station sheds with a train in the background; two executives shake hands over a contract in the foreground; Servotech Power Systems logo visible; eBharat.com watermark bottom-right.”

Servotech Renewable Bags ₹13 Cr Order for 3 MW Rooftop Solar from Northern Central Railway (Agra Division)

Servotech wins ₹13 cr, 3 MW rooftop solar project from Northern Central Railway (Agra Division); execution within nine months of LoA.

Servotech Renewable Power System Ltd (NSE: SERVOTECH) said it has secured a 3 MWp grid-connected rooftop solar project from the Northern Central Railway (Agra Division), valued at ~₹13 crore. The disclosure was made under Regulation 30 of SEBI’s LODR norms, with the company also issuing a press release.


Scope & Timeline

According to the exchange filing, Servotech will design, manufacture, supply, install, test and commission rooftop solar PV systems across multiple railway sites in the Agra Division. The project is to be executed within nine months of the Letter of Award (LoA), and is a domestic order under standard General Contract Conditions.

The company said the win underscores Indian Railways’ clean-energy push and reflects continued confidence in Servotech’s capabilities following earlier railway rooftop awards. Recent announcements include 7.3 MW (North Western Railway—Jaipur Division) and 1.2 MW (Northern Railway—Moradabad Division).


By the Numbers

Metric Detail
Customer Northern Central Railway — Agra Division
Capacity 3 MWp rooftop solar
Order Value ~₹13 crore
Execution Timeline Within 9 months of LoA
Scope EPC: design, supply, installation, testing & commissioning
Disclosure Basis SEBI LODR Reg-30

Strategic Context

Indian Railways has been scaling up rooftop solar across zones to meet its longer-term sustainability goals. Servotech’s role in multi-site, grid-connected rooftop deployments positions it to benefit from recurring opportunities in public-sector clean-energy roll-outs. The company’s statement said the Agra Division project “reinforces its role in advancing India’s clean-energy transition.”


What to Watch

  • Project ramp-up: Site readiness and synchronized mobilization across multiple railway locations will determine the pace of commissioning.
  • Working-capital cycle: EPC rooftop jobs typically require tight receivables management; investors will track milestone-linked payments.
  • Order pipeline: Recent wins across railway zones suggest continued bidding momentum; updates on new LoAs will be key for revenue visibility.

Servotech Renewable Power System Ltd (NSE)

Snapshot: 29-Sep-2025, 2:33 pm IST

▼ −0.46% (−0.57)
₹124.12
Open ₹125.00 High ₹126.33 Low ₹123.37
Today
  • Change−₹0.57
  • Change %−0.46%
52-Week
  • High₹198.40
  • Low₹97.55
Valuation
  • Mkt Cap₹2.80k Cr
  • P/E83.64
Dividend
  • Yield0.04%
  • Qtr div amt₹0.012
Static snapshot from your screen. Replace with live numbers when publishing.
Share: WhatsApp X Facebook LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *