Turnkey Contract for supply, installation, testing and commissioning of 11KV MVCC for reliable power supply in 11KV feeder of Bhavnagar Circle of PGVCL under SI Scheme
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Advait Energy Transitions Ltd has secured a turnkey contract from Paschim Gujarat Vij Company Ltd (PGVCL), a state-owned power distribution company in Gujarat, for the supply, installation, testing, and commissioning of 11 KV Medium Voltage Covered Conductors (MVCC) in the Bhavnagar Circle under the System Improvement (SI) Scheme. The order is valued at approximately Rs. 80.55 crore (inclusive of taxes) and is to be executed over 12 months from September 1, 2025. This is a domestic order with no related-party involvement. The contract is a continuation of the company's ongoing work in power infrastructure projects, announced via a prior letter dated April 15, 2025.
This is a sizeable order that strengthens the company's order book and provides revenue visibility over the next 12 months. Backed by a state government utility, the contract carries relatively low counterparty risk and reinforces Advait's positioning in India's power distribution upgrade sector.