Servotech Renewable Power System Ltd. (NSE: SERVOTECH), a prominent player in India’s clean-energy manufacturing sector, has secured a ₹73.70 crore order from the New & Renewable Energy Development Corporation of Andhra Pradesh Ltd. (NREDCAP). The project, awarded under the PM Surya Ghar: Muft Bijli Yojana, represents a major advancement in the state’s efforts to expand rooftop solar adoption.
The mandate involves the deployment of grid-connected rooftop solar systems across the Kavali division. Servotech Renewable will undertake the complete project lifecycle, including design, engineering, supply, installation, testing, and commissioning of rooftop solar units in multiple capacities. The initiative is designed to benefit 5,886 households belonging to Scheduled Caste and Scheduled Tribe communities, improving access to clean and affordable electricity in underserved regions.
The project will be executed under a Utility-Led Aggregation (CAPEX) model, ensuring standardized implementation and financial efficiency. In addition to installation, Servotech will be responsible for five years of comprehensive operations and maintenance, ensuring sustained system performance and long-term reliability.