Advait Energy Transitions' Subsidiary Inks Rs 1,450 Crore Investment MoU with Gujarat Government

1 min read     Updated on 10 Oct 2025, 07:55 PM
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Overview

Advait Energy Transitions' subsidiary, Advait Greenergy Private Limited, signed an MoU with the Gujarat government on October 10, 2025, in Mehsana. The agreement involves a Rs 1,450 crore investment for two projects in the state. The government will facilitate necessary approvals and clearances for the projects. This MoU is part of the Investment Promotion Activity for the Vibrant Gujarat Regional Conference and does not involve any related party arrangements or special rights.

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Advait Energy Transitions , through its subsidiary Advait Greenergy Private Limited, has taken a significant step towards expanding its presence in Gujarat. The company recently signed a Memorandum of Understanding (MoU) with the Government of Gujarat, paving the way for substantial investments in the state's energy sector.

Key Details of the MoU

Aspect Details
Signing Date October 10, 2025
Location Mehsana, Gujarat
Investment Amount Rs 1,450.00 crores
Number of Projects 2
Purpose Investment Promotion Activity for Vibrant Gujarat Regional Conference

Government Support

As part of the agreement, the Gujarat government has committed to facilitating Advait Greenergy in obtaining necessary permissions, registrations, approvals, and clearances from the concerned state departments. This support will be provided in accordance with existing policies, rules, and regulations of the State Government.

Project Scope

Advait Greenergy plans to establish two projects in Gujarat, with a combined investment of Rs 1,450.00 crores. While specific details about the nature of these projects were not disclosed, the substantial investment suggests a significant expansion of the company's operations in the state.

Corporate Governance

It's worth noting that this transaction does not involve any related party arrangements or shareholding between the parties. The company has confirmed that there are no special rights granted for appointing directors, no restrictions on capital structure changes, and no related party transactions associated with this MoU.

Market Implications

This MoU is part of the Investment Promotion Activity for the Vibrant Gujarat Regional Conference, highlighting the state's efforts to attract significant investments in various sectors. For Advait Energy Transitions, this move represents a strategic expansion of its subsidiary's operations, potentially strengthening its position in the energy sector.

The agreement underscores the growing focus on energy transitions and green energy initiatives in India, with Gujarat positioning itself as a key destination for such investments. As the projects unfold, they are likely to contribute to the state's economic growth and potentially create new employment opportunities in the region.

Investors and industry observers will be keen to watch how this substantial investment translates into operational and financial outcomes for Advait Energy Transitions in the coming years.

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Advait Energy Transitions Secures ₹87.3 Crore Order from POWERGRID

1 min read     Updated on 07 Oct 2025, 03:25 PM
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Naman SharmaScanX News Team
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Overview

Advait Energy Transitions Limited has won a ₹87.3 crore order from POWERGRID Corporation of India Ltd. for an ERS package suitable for 400kV transmission lines. The domestic order, received on October 6, 2025, has an execution time of 18 months. This significant contract could boost Advait Energy's market position in the energy sector and potentially impact its revenue stream positively.

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Advait Energy Transitions Limited , a player in the energy sector, has announced a significant business development that could potentially boost its market position. The company has secured a new order worth ₹87.3 crores from POWERGRID Corporation of India Ltd. (PGCIL), marking a substantial contract win for the firm.

Order Details

The order, received on October 6, 2025, is for an "ERS package ERS-II associated with Procurement of ERS suitable for 400kV Transmission lines." This project falls under the company's normal course of business operations.

Key Information

To provide a clear overview of the order, here's a breakdown of the essential details:

Particulars Details
Awarding Entity POWERGRID Corporation of India Ltd. (PGCIL)
Nature of Order ERS package ERS-II for 400kV Transmission lines (Set-5)
Order Type Domestic
Execution Time 18 months
Order Value ₹87,29,13,870 (including taxes)

Significance of the Order

This order is noteworthy for Advait Energy Transitions for several reasons:

  1. Financial Impact: The ₹87.3 crore order represents a substantial financial commitment, which could potentially have a positive impact on the company's revenue stream.

  2. Strategic Client: Securing a contract with POWERGRID, a major player in the Indian power sector, could enhance Advait Energy Transitions' reputation and potentially lead to future opportunities.

  3. Market Position: This order may strengthen the company's position in the energy transitions sector, particularly in the area of transmission line equipment.

  4. Execution Timeline: With an 18-month execution period, this project provides a medium-term visibility for the company's operations and potential revenue recognition.

The company has duly informed the BSE Limited about this development, in compliance with the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

As the energy sector continues to evolve, contracts like these highlight the ongoing investments in power infrastructure and the opportunities they present for companies operating in this space.

Historical Stock Returns for Advait Energy Transitions

1 Day5 Days1 Month6 Months1 Year5 Years
+0.29%-0.96%-2.53%+42.96%-3.15%+6,790.62%
Advait Energy Transitions
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