Advait Energy Transitions Limited (ADVAIT) — Announcement Announcement

· NSE Neutral
📢 Key Event
Subsidiary executes 150 MW/300 MWh BESS purchase agreement with GUVNL
💡 Investor Takeaway
This agreement secures a major energy storage project, enhancing Advait's growth prospects in India's renewable infrastructure market.

Advait Energy Transitions Limited announced that its subsidiary Advait BESS Bhesaan Private Limited executed a 150 MW/300 MWh standalone battery energy storage purchase agreement with Gujarat Urja Vikas Nigam Limited for a project in Gujarat. The agreement was signed on June 1, 2026, following a competitive bidding process under Phase-VIII of GUVNL's tender, supported by Viability Gap Funding from the Power System Development Fund. The project will be developed near the 220kV Bhesan AIS sub-station and operated on a long-term basis for GUVNL. This strategic development strengthens Advait's position in India's energy storage sector and expands its renewable energy infrastructure portfolio.

📄 View Original Announcement (PDF)

About Advait Energy Transitions Limited (ADVAIT)

Capital Goods · Electrical Equipment · Listed on NSE

Market Cap: ₹2,083.55 Cr

View full ADVAIT stock details →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.