Advait Energy Transitions Secures ₹51 Crore Contract from DGVCL for Power Conductor Supply and Installation

Advait Energy Transitions Secures ₹51 Crore Contract from DGVCL for Power Conductor Supply and Installation

Advait Energy Transitions Secures ₹51 Crore Contract from DGVCL for Power Conductor Supply and Installation​

Advait Energy Transitions Limited has secured a major Turnkey Contract valued at ₹ 51,61,56,375.00 from Dakshin Gujarat Vij Co. Ltd. (DGVCL). The contract pertains to the supply, installation, testing, and commissioning of 11KV 55mm2 AAAC Medium Voltage Covered Conductor (MVCC) along with accessories and additional poles, if necessary, within DGVCL's jurisdiction area.

The order was awarded on July 6, 2026, under the Vanbandhu Kalyan Yojana-2 (VKY-2) Scheme or another relevant scheme implemented by DGVCL.

The contract is a domestic Turnkey arrangement involving all aspects of the infrastructure project. While PSC/RSJ poles will be provided by DGVCL, the company's scope encompasses the supply and accessories for the conductor in this turnkey contract. The execution period for the order is set at 15 months.

Key details regarding the contract award are summarized below:

ParticularsDetails
Entity awarding the contractDAKSHIN GUJARAT VIJ CO. LTD. (DGVCL)
Nature of ContractTurnkey Contract for Supply, Installation, Testing and Commissioning of 11KV 55mm2 AAAC Medium Voltage Covered Conductor (MVCC) with accessories and poles assistance
Contract Value₹ 51,61,56,375.00 incl taxes
Execution Period15 Months
SchemeVanbandhu Kalyan Yojana-2 (VKY-2) Scheme

The contract falls under a domestic entity agreement and has no declared interest from the promoter or promotional group companies in the awarding entity, nor does it constitute a related party transaction.

ADVAIT Stock Price Movement​

Shares of Advait Energy Transitions Limited today slipped by 1.61%, closing at ₹2126.7 after losing ₹35.20 in the post-market trading session. The company recorded a traded volume of 30,088 shares during the day.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top