India Procurement News Notice - 58317


Procurement News Notice

PNN 58317
Work Detail Servokon Systems Limited, a prominent player in the power conditioning equipment and transformer manufacturing sector, renowned as India’s top Servo Voltage Stabilizer Manufacturer, is proud to unveil its latest initiative in the realm of sustainable energy solutions. The company introduces an all-encompassing solar financing program aimed at facilitating the widespread adoption of solar energy among homeowners and businesses. This initiative underscores Servokon’s commitment to advancing renewable energy solutions and contributing to a greener world. The program offers customers economically viable and reliable solar panels, inverters, and accessories, along with hassle-free installation services. Mr. Asif Khan, Director of the Solar Division at Servokon Systems Limited, expressed enthusiasm for the company’s commitment to renewable energy solutions. He highlighted Servokon’s significant achievements in completed and ongoing solar projects, totaling over 3 MW and 7 MW respectively. Through strategic partnerships with Non-Banking Financial Companies (NBFCs), Servokon aims to enhance financial accessibility and invites homeowners and businesses to capitalize on their financing options for a seamless transition to clean energy. Furthermore, Mr. Khan unveiled plans for an upcoming state-of-the-art solar panel manufacturing facility in Hapur, Uttar Pradesh. This facility will incorporate cutting-edge technologies, facilitating the production of high-wattage solar modules and cells known for industry-leading efficiencies, while adhering to industry 4.0 standards. Servokon’s collaborations with prominent NBFCs specializing in green financing are tailored to provide financial solutions for solar products, Engineering, Procurement, Construction (EPC) services, and other solar-related items. This commitment aims to serve customers dedicated to embracing sustainable energy sources and advancing India’s overarching goal of achieving net-zero emissions. The company offers various installation capacities and pricing options for residential and commercial needs, ensuring a quick transition to solar energy with project timelines typically ranging from 1-2 weeks for residential installations. Additionally, attractive subsidy schemes and discounts are available for residential customers, providing compelling incentives for adopting solar solutions. Servokon uses high-performance Mono-Perc 550 Wp Solar panels known for their superior efficiency and durability, ensuring maximum output and longevity for customers. Basic documentation, including current electricity bills, IDs, and proof of property ownership, is required to commence any solar project. With India’s thriving solar rooftop market and strong government support, Servokon’s solar financing options are poised to make a significant impact in advancing India’s commitment to achieving 500 GW of clean energy targets by 2030. Servokon remains dedicated to establishing solar power as the preferred energy source, providing customized renewable energy solutions for individuals and businesses nationwide.
Country India , Southern Asia
Industry Energy & Power
Entry Date 29 Jan 2024
Source https://solarquarter.com/2024/01/29/servokon-systems-limited-introduces-solar-rooftop-financing-options-for-residential-and-commercial-properties/

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