Advait Energy Transitions Ltd

Advait Energy Transitions has received a turnkey contract worth Rs 64.20 crore from Paschim Gujarat Vij Company for conversion of existing 11 kV HT & LT line network into underground cable network at Mandvi-city - Bhuj Circle Under PGVCL (Package-43).

Advait Energy Transitions has received a turnkey contract worth Rs 52.57 crore from Paschim Gujarat Vij Company for conversion of existing 11 kV HT & LT line network into underground cable network at Ranavav - Porbandar Circle Under PGVCL (Package-58).

Advait Energy Transitions has received a turnkey contract worth Rs 58.25 crore from Paschim Gujarat Vij Company for conversion of existing 11 kV HT & LT line network into underground cable network at Adhewada (Akwada)- Bhavnagar Circle Under PGVCL (Package-18).

Advait Energy Transitions has received a turnkey contract worth Rs 75.56 crore from Paschim Gujarat Vij Company for conversion of existing 11 kV HT & LT line network into underground cable network at Udyognagar - Porbandar Circle under PGVCL (Package 61)

The order is for conversion of existing high tension (HT) & low tension (LT) line networks into underground cable networks with Ring Main System. The contracts, awarded under PGVCL's System Improvement (SI) Scheme, involve site survey, designing, engineering, procurement, supply, transportation, installation, testing, commissioning, documentation, GIS mapping/Geo Urja Mapping developed by GUVNL, and asset tagging. The largest order, valued at Rs 75.56 crore, pertains to the conversion of the existing LT line network, including consumer service lines, into an underground cable network with Ring Main System at Udyognagar subdivision (Part-1) of Porbandar Circle under Package-61. The company also received an order worth Rs 64.20 crore for conversion of existing 11 kV HT and LT line networks at Mandvi-city subdivision of Bhuj Circle under Package-43. Further, PGVCL awarded contracts worth Rs 52.58 crore and Rs 58.25 crore for similar underground cable network projects at Ranavav subdivision of Porbandar Circle (Package-58) and Adhewada (Akwada) subdivision of Bhavnagar Circle (Package-18), respectively. All four contracts are domestic orders and are scheduled to be executed within 18 months. The company said the contracts do not involve any interest of promoters, promoter group companies, or group entities in the awarding authority. The orders also do not fall under related-party transactions. Advait Energy Transitions is engaged in providing products and solutions for power transmission, substation, telecommunication, and renewable energy infrastructure sectors. The company also undertakes EPC and turnkey projects related to power transmission and telecom infrastructure. The company's consolidated net profit surged 55.68% to Rs 17.67 crore in Q4 FY26 compared with Rs 11.35 crore posted in Q4 FY25. Revenue from operations zoomed 18.04% year on year to Rs 228.19 crore in the quarter ended 31 March 2026. Powered by Capital Market - Live

The order involves the supply, installation, testing and commissioning of 11KV 55mm' AAAC Medium Voltage Covered Conductor (MVCC) along with its accessories and additional poles, wherever required, across DGVCL's jurisdiction. The contract is scheduled to be executed within 15 months. The announcement was made after market hours on 7 July 2026. Advait Energy Transitions is engaged in providing products and solutions for power transmission, substation, telecommunication, and renewable energy infrastructure sectors. The company also undertakes EPC and turnkey projects related to power transmission and telecom infrastructure. The company's consolidated net profit surged 55.68% to Rs 17.67 crore in Q4 FY26 compared with Rs 11.35 crore posted in Q4 FY25. Revenue from operations zoomed 18.04% year on year to Rs 228.19 crore in the quarter ended 31 March 2026. Powered by Capital Market - Live

Advait Energy Transitions has received an order for turnkey contract for supply, installation, testing and commissioning of 11KV 55mm2 AAAC Medium Voltage Covered Conductor (MVCC) with its accessories and additional poles if required (only PSC/RSJ poles will be provided by Dakshin Gujarat Vij Co. (DGVCL) and its accessories will be in the scope of TkC) in jurisdiction area of DGVCL under Vanbandhu Kalyan Yojana-2 (VKY-2) Scheme / or other scheme of Rs 51,61,56,375.00/- on 06 July 2026.

The order involves the supply, installation, testing and commissioning of 11KV 55mm' AAAC Medium Voltage Covered Conductor (MVCC) along with its accessories and additional poles, wherever required, across DGVCL's jurisdiction. The contract is scheduled to be executed within 15 months. Advait Energy Transitions is engaged in providing products and solutions for power transmission, substation, telecommunication, and renewable energy infrastructure sectors. The company also undertakes EPC and turnkey projects related to power transmission and telecom infrastructure. The company's consolidated net profit surged 55.68% to Rs 17.67 crore in Q4 FY26 compared with Rs 11.35 crore posted in Q4 FY25. Revenue from operations zoomed 18.04% year on year to Rs 228.19 crore in the quarter ended 31 March 2026. The counter slipped 2.49% to Rs 2,128.35 on the BSE. Powered by Capital Market - Live

The agreement pertains to the development of a standalone Battery Energy Storage System (BESS) project with a capacity of 150 MW/300 MWh. The project was awarded under GUVNL Phase-VIII through a tariff-based competitive bidding process. The project is backed by Viability Gap Funding (VGF) from the Power System Development Fund (PSDF). Under the agreement, Advait BESS Bhesaan will develop, own, and operate the BESS facility near the 220 kV Bhesan AIS substation of GETCO in Gujarat. The company will provide the contracted energy storage capacity to GUVNL on a long-term basis. The agreement is valid for 12 years from the effective date of signing. Advait Energy Transitions said the contract has been awarded by a domestic entity and does not constitute a related-party transaction. The promoter, promoter group, and group companies have no interest in the awarding entity. Advait Energy Transitions is engaged in providing products and solutions for power transmission, substation, telecommunication, and renewable energy infrastructure sectors. The company also undertakes EPC and turnkey projects related to power transmission and telecom infrastructure. The company's consolidated net profit surged 55.68% to Rs 17.67 crore in Q4 FY26 compared with Rs 11.35 crore posted in Q4 FY25. Revenue from operations zoomed 18.04% year on year to Rs 228.19 crore in the quarter ended 31 March 2026.Powered by Capital Market - Live

Advait Energy Transitions announced that the Board of Directors of the Company at its meeting held on 27 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.