Advait Energy Transitions Ltd Receives BESS Order from GUVNL Worth Rs 2,10,000/ MW /Month

Advait Energy Transitions Ltd has received a Letter of Intent from Gujarat Urja Vikas Nigam Limited (GUVNL) for setting up 150MW/300MWh Standalone Battery Energy Storage Systems (BESS) in Gujarat. The project is under Tariff-Based competitive bidding (Phase-VIII) with Viability Gap Funding supported through PSDF followed by E-RA. The order is worth Rs 2,10,000/ MW /Month, inclusive of taxes, and the execution period is 18 months from the date of the Battery Energy Storage Purchase Agreement.