ADVAITNSEAdvait Energy Transitions LimitedMediumPositive
Announced Tue, 31 Mar · 14:24 IST

Advait Energy Transitions Limited has informed the Exchange regarding 'Order received - Supply, Installation, Testing and Commissioning of 11 KV Medium Voltage Covered Conductor (MVCC) Amreli District PGVCL Package 10'.

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AI summary

Advait Energy Transitions Limited has secured an order worth Rs. 44.48 crore (including 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 Conductor (MVCC) with accessories in Amreli District under the central government's Revamped Reforms-Based and Results-Linked Distribution Sector Scheme (RDSS), Package-10. The work is to be executed over 9 months from the order date of 30th March 2026. This is a domestic order with no related party interest. The RDSS is a major central government scheme aimed at improving the power distribution infrastructure across India.

Likely market impact

This is a positive development as the company has bagged a sizeable government-backed order worth over Rs. 44 crore, which should contribute to revenue over the next 9 months. The order strengthens Advait's order book in the power infrastructure space and aligns with the company's focus on energy transition solutions.