Advait Energy Transitions Subsidiary Signs 150 MW/300 MWh BESS Deal With GUVNL in Gujarat

Advait Energy Transitions ' subsidiary, Advait BESS Bhesaan Private Limited, has executed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) to develop a 150 MW/300 MWh standalone Battery Energy Storage System (BESS) project. The agreement was signed on June 1, 2026, and mandates the subsidiary to develop, own, and operate the facility near the 220kV Bhesan AIS S/S sub-station of GETCO in Gujarat. Under this long-term contract, the contracted battery energy storage capacity will be made available to GUVNL.

The project was secured through a tariff-based competitive bidding process conducted by GUVNL under Phase-VIII, supported by Viability Gap Funding (VGF) channeled through the Power System Development Fund (PSDF). The agreement stipulates a 12-year execution period from the effective date of signing the BESPA.

Key Details of the Agreement

The disclosure provided to the exchanges outlines the specific terms and nature of the contract awarded to the subsidiary.

Particulars:	Details
Entity Awarding the Order	Gujarat Urja Vikas Nigam Limited (GUVNL)
Nature of Contract	Battery Energy Storage Purchase Agreement (BESPA)
Project Capacity	150 MW/300 MWh Standalone BESS Project
Location	Vicinity of 220kV Bhesan AIS S/S sub-station, Gujarat
Execution Period	12 years from the effective date of signing
Type of Entity	Domestic

The filing confirms that the order has been awarded by a domestic entity and falls outside the scope of related party transactions. Additionally, the promoter, promoter group, and group companies of Advait Energy Transitions do not hold any interest in GUVNL. The agreement was intimated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.41%	-4.51%	-1.98%	+42.29%	+42.29%	+42.29%

Advait Energy Transitions Limited has released the audio recording of its Post Results Conference Call regarding the audited financial results for the quarter and year ended March 31, 2026. The recording, from the session held on June 1, 2026, is now accessible on the company's website, providing stakeholders with direct access to management's commentary on the financial performance and strategic outlook.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company, formerly known as Advait Infratech Limited, has expanded its focus into energy transition sectors, including renewable energy and green hydrogen solutions.

Conference Call Details

The earnings call featured key executives from the company:

Mr. Shalin Sheth - Founder & Managing Director
Ms. Rutvi Sheth - Head, Human Resources & Strategy
Mr. Vatsal Kundalia - Head - Operations, CP&P, New Businesses
Mr. Narayan Singh - Chief Financial Officer
Mr. Priyank Shah - Head - F&A, IR & Corporate Affairs

Access Information

Stakeholders can access the audio recording of the conference call through the official link provided on the company's website. For investor relations inquiries, stakeholders may contact Priyank Shah at Priyank.Shah@advaitgroup.co.in .