Deals5 Nov 2026, 03:19 pm
Advait Energy Bags ₹62 Cr DGVCL Order for Underground Cabling
AI Summary
Advait Energy Transitions Ltd has secured a turnkey contract worth ₹62,05,32,098.04 from Dakshin Gujarat Vij Company Ltd (DGVCL) for converting an existing 11/22 kV HT overhead network to an underground cable system in Vyara Division. The project includes site survey, design, engineering, procurement, installation, testing, and commissioning, along with SCADA compatible RMUs and transformers. The execution period is 24 months, excluding monsoon. This order signifies a significant business win for the company in the power infrastructure sector.
Key Highlights
- Advait Energy secured a ₹62.05 Cr turnkey contract from DGVCL.
- Project involves converting overhead lines to underground cables.
- Execution timeline is 24 months excluding monsoon.
- Order is for Vyara Division under the SI scheme.
- The contract is for domestic entity DGVCL.
Price Impact
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