ADVAITBSEAdvait Energy Transitions LtdHighPositive
Announced Thu, 3 Apr · 14:44 IST

Intimation for being successful bidder at L1 stage for Tender for turnkey contract for supply, installation, testing and commissioning of 11 KV 55mm2 AAAC MVCC for pole and its fabrications ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Advait Energy Transitions has been confirmed as the L1 (lowest) bidder for a turnkey contract from Dakshin Gujarat Vij Company Limited (DGVCL). The work involves supply, installation, testing, and commissioning of 11 KV 55mm2 AAAC Medium Voltage Covered Conductors (MVCC) and accessories across DGVCL's jurisdiction under the Gujarat government's Vanbandhu Kalyan Yojana-2 (VKY-2) scheme. The scope covers 580 Circuit Kilometers (CMK) and is to be completed within 15 months. Poles and their fabrications will be supplied by DGVCL itself, so Advait is responsible only for conductors and accessories. The formal Letter of Intent or Award is still pending, and further details will be shared once received.

Likely market impact

This is a positive development, confirming Advait as the lowest bidder for a government-backed electrical infrastructure project, which could strengthen its order book. However, the contract value is not disclosed, the formal award is still pending, and the actual revenue impact will only become clear once the Letter of Intent is issued.