Servotech Renewable Power System Ltd., a leading provider of EV chargers and solar solutions, has been granted a patent by the Indian Patent Office for its proprietary system and method for peak shaving technology.
Peak shaving technology, also known as load shedding, is a strategy to reduce electricity consumption during peak demand periods to avoid high demand charges and prevent strain on the electrical grid.
The patent is effective for 20 years from its original filing date. The patented technology enables intelligent reduction of peak electricity demand, improving energy efficiency and offering cost-saving benefits to users while contributing to grid stability.
Raman Bhatia, Founder & Managing Director, Servotech Renewable Power System Ltd., said, “This patent recognition is a powerful validation of our R&D efforts. It accelerates our strategic push into future-ready energy solutions and aligns with our vision of delivering long-term value to our shareholders and partners. We continue to invest in advanced technologies that support a cleaner, smarter, and more efficient energy future.”
Servotech’s strategic opportunities include expansive market potential for innovative products and commercial applications, technological leadership in smart energy solutions and sustainable infrastructure, and IP-driven differentiation, fostering sustained innovation and shareholder value creation, he said.
The development marks a significant milestone in Servotech’s innovation journey and strengthens its intellectual property portfolio in the energy technology space.
