ADVAITNSEAdvait Energy Transitions LimitedMediumPositive
Announced Fri, 10 Jul · 13:33 IST

Advait Energy Transitions bags Rs 58.25 crore turnkey order from PGVCL

Govt Defence OrderBusiness Updates View source PDF

ADVAIT · price

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Price reaction · full curve 14 horizons · vs prior close
-0.4%1-day move
₹2194.00
prior close
₹2187.70
base price
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+2.1+2.6+2.1+1.6-0.4-2.7-3.4-3.4-4.8+2.4
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AI summary

Advait Energy Transitions has bagged a Rs 58.25 crore turnkey order from PGVCL, a Gujarat state power distribution utility. The work involves converting 11 kV overhead HT and LT lines into underground cable networks at Adhewada in Bhavnagar Circle under Package-18 of the System Improvement Scheme. Scope covers survey, design, procurement, supply, installation, testing, and commissioning with GIS mapping. Execution period is 18 months from July 9, 2026.

Likely market impact

Adds to order book from a government PSU client; positive for revenue visibility over 18 months, though execution risks remain.