Servotech Renewable Power Systems has secured an order from the Moradabad Division of Northern Railway to install a 1.229 MW rooftop solar project at residential and service buildings, as well as level crossing gates.

The project’s estimated contract value is ₹57.54 million (~$655,577).

The tender was floated in February this year.

The scope of work for both projects involves designing, supplying, testing, and commissioning the solar systems. The project must use Mono PERC half-cut type modules, string inverters equipped with maximum power point tracking and remote data logging capabilities, and aluminum mounting structures.

Servotech must commission the project within 12 months of receiving the letter of award. They must also provide comprehensive annual maintenance services for 10 years following a one-year warranty period.

In June this year, Servotech entered a definitive agreement to acquire a 27% stake in the post-money valuation of solar module manufacturing company Rhine Solar. This acquisition is part of Servotech’s plan to expand its renewable energy portfolio and enhance its position as a comprehensive solar solutions provider.

Rhine Solar manufactures solar modules at its 60,000 sq. ft facility in Delhi. The company has a manufacturing capacity of 100 MW and plans to increase it to 600 MW by 2026. It produces modules with capacities up to 600 W. The company’s modules are included in the Approved List of Models and Manufacturers.

Speaking about the acquisition, Raman Bhatia, Managing Director, Servotech, had noted that the key focus will be to produce advanced N-type TOPCon 12 busbar modules, which are not only more efficient but also in high demand in both domestic and global markets due to their superior performance and durability.

Earlier, Servotech secured Northeast Frontier Railway’s auction to develop 7.8 MW rooftop solar power projects in Assam’s Rangiya division. The project’s estimated contract value is ₹336 million (~$3.9 million).