L1 stage successful bidder for Paschim Gujarat Vij Company Limited RDSS Tender for 5 different areas - Morbi, Bhavnagar, Amerli, Surendranagar and Rajkot rural area
ADVAIT · price
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Awaiting price reaction for this filing.
Advait Energy Transitions has been confirmed as the L1 (lowest) bidder for Paschim Gujarat Vij Company Limited's (PGVCL) RDSS Scheme tender for supply, installation, testing and commissioning of 11 KV Medium Voltage Covered Conductor (MVCC) across five Gujarat regions. The combined bid value across Morbi (₹55.14 cr), Bhavnagar (₹53.84 cr), Rajkot Rural (₹54.08 cr), Amreli (₹44.48 cr) and Surendranagar (₹37.79 cr) totals approximately ₹245.35 crores including taxes. This is a major potential order under the government-backed Revamped Distribution Sector Scheme. The company noted further details will be shared once the formal Letter of Intent or Award is received.
Positive for the stock — winning L1 status on a ~₹245 crore multi-area government power infrastructure tender could materially boost the order book and revenue visibility, though execution and final award confirmation remain pending.