Servotech Gets New Order Stock Price up Today
By Shishta Dutta | Updated at: Jan 12, 2026 02:52 PM IST
New Delhi, July 1, 2025 – Shares of Servotech Renewable Power System Ltd (NSE: SERVOTECH) traded 1.37% higher at ₹148 as of 11:36 AM IST following a key infrastructure order from Bengaluru International Airport Limited (BIAL). The stock is trading actively with volumes exceeding 6.32 lakh shares and a traded value of ₹9.47 crore. At 1 p.m. IST, its stock price is up by 0.54%.
BIAL Awards EV Charging Station Project to Servotech
Servotech has received an order to install 10 ultra-fast DC EV chargers, each with a capacity of 240 kW, at Kempegowda International Airport, Bengaluru, specifically designated for airside EV operations. The combined installed capacity of the project is 2.4 MW, making it the first and largest EV charging hub for airside operations at any Indian airport.
The station will be used to charge electric buses transporting passengers between terminals and aircraft, supporting 24/7 electric operations and significantly reducing airport-related emissions. The project scope includes supply, erection, testing, commissioning, and five-year maintenance.
Project Summary
| Detail | Specification |
|---|---|
| Client | Bengaluru International Airport Limited (BIAL) |
| Location | Kempegowda International Airport, Bengaluru |
| Number of Chargers | 10 |
| Power Per Charger | 240 kW |
| Total Installed Capacity | 2.4 MW |
| Application | Airside EV transport operations |
| Project Scope | Supply, erection, testing, commissioning, 5-year O&M |
Management Commentary
Sarika Bhatia, Director at Servotech Renewable Power System Ltd., stated: “This project is more than just an infrastructure milestone. It is a step toward transforming urban transport at one of India’s busiest airports, allowing us to electrify airport operations and help reduce its carbon emissions.”
Strategic Outlook
The order significantly enhances Servotech’s presence in the institutional EV charging segment. It also supports Karnataka’s broader ambition to become a carbon-negative state by deploying clean energy infrastructure across public assets. This move also reinforces its role in India’s green mobility transition.
Servotech Renewable Stock Performance
Servotech Renewable Power System shares are trading at ₹148.92 at 11:33 AM IST on July 1, 2025. This represents a 1.37% increase from the previous close. Servotech Renewable Power System shares have gained 67.87% over the last year, dipped 11% year-to-date, and increased 20% in the previous month.
About Servotech Renewable
Servotech Renewable Power System Ltd. is a technology-driven provider of EV charging solutions, listed on the NSE since September 2, 2021. The company manufactures a wide range of AC and DC EV chargers. With over two decades of electronics experience, Servotech is actively contributing to India’s clean energy ecosystem.
Market participants are closely watching the stock as fresh institutional orders and clean energy mandates continue to drive growth in the EV charging infrastructure space.
REF: https://nsearchives.nseindia.com/corporate/SERVOTECH_30062025181336_NSE123.pdf
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