Recently CCP nerfed the Svipul by removing a large chunk of Power Grid and some of it's base speed. These changes definitely reduced the awesomeness of the ship, however they didn't break it. The lower PG just forces you to make some compromises.

No more getting Awesome Tank, 10mn AB, and big Guns on the same fit, something has to take a hit.

Personally, I agree the PG nerf was a good thing, however I think they went to far with the Base Speed nerf because that's the one I have felt the most when flying the ship.

In the following video you will see my main three fittings for the Svipul post nerf. This includes the Rifter on Roids, Rifter on Roids 10mn, and the Instalock InstaPop fittings.

Here are the exports of the fits so you can copy & paste them into the game or into EFT:

[Svipul, Rifter on Roids]
Damage Control II
Gyrostabilizer II
Gyrostabilizer II
Co-Processor II

Limited 1MN Microwarpdrive I
Medium Shield Extender II
Adaptive Invulnerability Field II
Faint Epsilon Warp Scrambler I

200mm AutoCannon II, Republic Fleet Phased Plasma S
200mm AutoCannon II, Republic Fleet Phased Plasma S
200mm AutoCannon II, Republic Fleet Phased Plasma S
200mm AutoCannon II, Republic Fleet Phased Plasma S
Small Diminishing Power System Drain I
Rocket Launcher II, Scourge Rage Rocket

Small Core Defense Field Extender II
Small Core Defense Field Extender II
Small Core Defense Field Extender II

[Svipul, Rifter on Roids 10mn]
Damage Control II
Micro Auxiliary Power Core II
Gyrostabilizer II
Nanofiber Internal Structure II

10MN Afterburner II
Medium Shield Extender II
Adaptive Invulnerability Field II
Warp Scrambler II

150mm Light AutoCannon II, Republic Fleet Phased Plasma S
150mm Light AutoCannon II, Republic Fleet Phased Plasma S
Small Diminishing Power System Drain I
150mm Light AutoCannon II, Republic Fleet Phased Plasma S
150mm Light AutoCannon II, Republic Fleet Phased Plasma S
Core Probe Launcher II, Core Scanner Probe I

Small Ancillary Current Router II
Small Core Defense Field Extender II
Small Core Defense Field Extender II

[Svipul, Insta Kill Alpha]
Gyrostabilizer II
Gyrostabilizer II
Gyrostabilizer II
Tracking Enhancer II

Sensor Booster II, Scan Resolution Script
Sensor Booster II, Scan Resolution Script
Sensor Booster II, Scan Resolution Script
Warp Disruptor II

280mm Howitzer Artillery II, Republic Fleet Phased Plasma S
280mm Howitzer Artillery II, Republic Fleet Phased Plasma S
280mm Howitzer Artillery II, Republic Fleet Phased Plasma S
280mm Howitzer Artillery II, Republic Fleet Phased Plasma S
Light Missile Launcher II, Caldari Navy Inferno Light Missile
[empty high slot]

Small Projectile Locus Coordinator I
Small Projectile Locus Coordinator I
Small Projectile Collision Accelerator I