Servotech Power Systems Limited has been awarded a Letter of Intent (LoI) by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) for a major 1.8 MW off-grid solar project, installing solar-powered modules of different capacities across the state. The total contract value of the entire project is approximately 30 crores.
Raman Bhatia, Founder and Managing Director, Servotech Power Systems commented on being awarded the LoI for this project, “In order to promote green energy generation and proliferation across industries, this partnership will highlight the diversity of our work and targeted project implementation. Off-grid solar projects are revolutionising the renewable energy sector, marking our first and crucial step towards achieving grid-independence, which will eventually enable us in achieving zero-emissions in the future. When we consider these implications and future prospects that emerge in the light of these developments, this 1.8 MW off-grid project is of great consequence and is truly an indication of Servotech’s capability to pioneer world-class solar projects.”
The project will see Servotech perform key responsibilities such as undertaking empanelling & rate contracts for designing, manufacturing, supply, erection, testing and commissioning of off-grid solar plants throughout Uttar Pradesh. Further, the scope of the project also encompasses Servotech to deliver comprehensive warranty maintenance for the next 5 years, tending to different 1-10 kW and 11-50 kW off-grid solar PV installations done at various strategic locations in the state of Uttar Pradesh.
This is the second key project that Servotech acquired from UPNEDA after bagging another crucial 4.1 MW grid-interactive rooftop solar power plant project from the authority earlier this month.