Intimation of order accepted for Supply of Goods Contract for Package OPGW-04: Supply & Installation Package for various transmission lines PAN India locations for Power Grid Corporation ....
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Advait Energy Transitions Ltd has accepted an order worth Rs. 86.14 Crores (excluding taxes) from Power Grid Corporation of India Limited (PGCIL), a central government PSU. The order covers Package OPGW-04, which involves the supply and installation of OPGW (Optical Ground Wire) and communication equipment on various transmission lines across PAN India locations under a bulk implementation framework. The completion timeline is 12 months from the date of issuance of lot-wise implementation instructions. This is a domestic order, further strengthening the company's order book in the power transmission infrastructure segment.
This is a meaningful PSU-backed order that adds to the company's revenue visibility over the next year and reinforces its credentials in India's transmission infrastructure space. Likely to be viewed positively by investors given the credibility and payment reliability of PGCIL as a client.