On Monday, September 25, Servokon Systems Ltd. announced its plan to invest more than INR 200 Crore in the establishment of a new manufacturing facility in Hapur, Uttar Pradesh.
This facility, which will span an area of 25,000 SqM, forms a crucial component of Servokon’s strategy to enhance its manufacturing capabilities. The foundation stone for this facility will be laid soon.
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The upcoming plant will not only generate new employment prospects to stimulate the local economy but will also elevate the company’s production capacity, emphasizing the production of transformers up to the 220 KV class. Importantly, there will be a dedicated section within the facility for producing solar panels in-house.
Servokon Systems awaits the start of construction on this exciting new facility and expects it to have a positive impact on both the industry and the community in Hapur, Uttar Pradesh. This expansion underscores Servokon’s commitment to innovation and excellence in the power conditioning sector and its dedication to promoting sustainable change in the green energy and renewable power sector.
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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.
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