New Delhi: Servotech Power Systems and EMCOR Power Solutions have entered into an agreement to develop 1,000 EV charging stations at various locations in India.

EMCOR Power Solutions is part of Kuwait-based EMCOR International which is in the business of oil and gas, Servotech Power Systems said in a statement on Thursday.

"Under the memorandum of understanding (MoU), EMCOR Power Solutions commits to provide 1,000 charging power operators (CPO) sites in India. These sites will serve as the foundation for the installation of EV chargers, as outlined by the agreement," the statement said.

Servotech Power Systems will manufacture and install 30kW to 60kW and higher capacity DC fast EV chargers to cater to the varying power requirements. The project will be executed in a phased manner.

Initially, 100 DC fast EV chargers will be installed at different locations in South India and later scaled up to other parts of the country.

Raman Bhatia, MD of Servotech Power Systems said the MoU aims to accelerate nationwide adoption of E-vehicles by developing a technologically advanced EV charging infrastructure.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)