Advait Energy Transitions Secures ₹52 Crore Turnkey Contract for PGVCL Underground Cable Network Project
Advait Energy Transitions Limited has secured a significant turnkey contract from Paschim Gujarat Vij Company Ltd (PGVCL). The project involves converting an existing 11 kV High Tension (HT) and Low Tension (LT) line network into an underground cable network at Ranavav Subdivision of Porbandar Circle.The order, received on July 9, 2026, awards Advait the comprehensive turnkey responsibility for the infrastructure conversion under Package-58. This project includes Site Surveying, Designing, Engineering, Procurement, Supply, Transportation, Installation, Testing, and Commissioning of all necessary materials required to complete the works.
The contract mandates the transformation of the existing line network, along with consumer service lines, into a modern Underground Cable Network featuring a Ring Main System at Ranavav Subdivision. The project scope also covers GIS Mapping / Geo Urja Mapping (developed by GUVNL) and Asset Tagging under the SI Scheme.
Key details pertaining to this infrastructure contract are as follows:
| Particulars | Details |
|---|---|
| Client Entity | Paschim Gujarat Vij Company Ltd (PGVCL) |
| Nature of Contract | Turnkey conversion of 11 kV HT and LT line network to underground cable network |
| Project Location | Ranavav Subdivision, Porbandar Circle |
| Contract Value | Rs. 52,57,52,164.00 (Rupees Fifty Two Crore Fifty Seven Lakh Fifty Two Thousand One Hundred Sixty Four) including taxes |
| Execution Timeline | 18 Months |
The contract is a domestic entity assignment, covering all aspects of the infrastructure upgrade for PGVCL. Advait Energy Transitions Limited accepted the order in the normal course of business operations.
ADVAIT Stock Price Movement
Advait Energy Transitions Limited shares are edging higher to ₹2252.20 as of 1:44 PM today, rallying by 2.72% in live trading. The stock has registered a total traded volume of 46,928 shares during the current session.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.