Advait Energy Transitions Limited has informed the Exchange regarding 'Order received - Supply, Installation, Testing and Commissioning of 11 KV Medium Voltage Covered Conductor (MVCC) Rajkot District PGVCL Package 9'.
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Advait Energy Transitions Limited has bagged an order worth approximately ₹54.08 crore (inclusive of taxes) from Paschim Gujarat Vij Company Ltd (PGVCL), a Gujarat state-owned power distribution company. The order involves supply, installation, testing and commissioning of 11 KV Medium Voltage Covered Conductors (MVCC) with accessories in the Rajkot District (Rajkot Rural Circle) under Package-9 of the Revamped Reforms-Based and Results-Linked, Distribution Sector Scheme (RDSS). The project is to be completed within 9 months from the order date of 30th March 2026. PGVCL is a domestic government entity, and no related-party interest is involved.
This is a meaningful new order win from a state government utility under a central government-backed distribution reform scheme, which adds to the company's order book and provides revenue visibility over the next 9 months. The stock may see a positive reaction if the order size is material relative to Advait's overall revenue base.