Latest news with #PremPrakash
Time of India
10 hours ago
- Automotive
- Time of India
Servotech EV Infra signs MoU with NPCL to develop EV charging network in Greater Noida
Servotech EV Infra , operating under the brand Incharz, has signed a Memorandum of Understanding (MoU) with Noida Power Company Limited ( NPCL ) to expand electric vehicle (EV) charging infrastructure in Greater Noida. The MoU was signed by Sanket Srivastava, Head of PMS & Sustainability at NPCL, and Prem Prakash, CEO of Incharz. NPCL is a joint venture between the RP-Sanjiv Goenka Group and the Greater Noida Industrial Development Authority. Under the agreement, the two organisations will work jointly to identify and develop EV charging stations at locations including residential complexes, office buildings, commercial areas and hospitals. NPCL will support the effort by suggesting potential sites and facilitating coordination with electricity distribution companies (DISCOMs) to streamline installation timelines and reduce costs. Initial rollout In the first phase, EV charging stations have already been installed at two residential societies in Greater Noida. At Stellar Jeevan, Incharz has set up 7.4 kW and 10 kW AC chargers. At Ace Divino, the site features a 40 kW DC charger and a 10 kW AC charger, with capacity to charge three two-wheelers simultaneously. Prem Prakash, CEO of Incharz, said, 'This partnership with NPCL marks a defining milestone in our journey toward building a smart and scalable EV charging network throughout the nation. It aligns perfectly with Servotech's larger mission to solarise India and transform its cities into clean energy ecosystems. By accelerating infrastructure development and ensuring last-mile connectivity for EV users, we're not just expanding our footprint—we're powering a future where electric vehicles will dominate the roads. Sanket Srivastava of NPCL added, "We're pleased to collaborate with Servotech EV Infra to strengthen the clean mobility infrastructure in Greater Noida. As we continue to promote green energy adoption, this collaboration is going to play a key role in making EV charging more accessible, reliable, and widespread.'
Business Upturn
12 hours ago
- Automotive
- Business Upturn
Servotech EV Infra signs MoU with NPCL to expand EV charging infrastructure across Greater Noida
By Aditya Bhagchandani Published on June 27, 2025, 13:26 IST Servotech EV Infra, operating under the brand Incharz, has signed a Memorandum of Understanding (MoU) with Noida Power Company Limited (NPCL) to enhance the electric vehicle (EV) charging infrastructure across Greater Noida. The partnership aims to set up EV charging stations at key locations including corporate buildings, residential societies, commercial complexes, and hospitals. NPCL, a joint venture between RP-Sanjiv Goenka Group and Greater Noida Industrial Development Authority, will assist in site identification and facilitate coordination with DISCOMs to expedite project execution. As part of the first phase, Servotech EV Infra has already installed EV charging stations in two residential societies—Stellar Jeevan and Ace Divino. These include 7.4 kW and 10 kW AC chargers at Stellar Jeevan and a 40 kW DC fast charger along with a 10 kW AC charger for two-wheelers at Ace Divino. Servotech's CEO Prem Prakash said the collaboration marks a significant step toward building a smart and scalable EV charging network in India, aligning with the company's larger clean energy mission. NPCL's Sanket Srivastava also highlighted the partnership's role in making EV charging more accessible and reliable in the region. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
