Deals5 Nov 2026, 03:28 pm
Advait Energy Bags ₹69.5 Cr DGVCL Contract
AI Summary
Advait Energy Transitions Ltd has secured a turnkey contract worth ₹69,52,58,019.69 (₹69.52 Crore) from Dakshin Gujarat Vij Company Ltd (DGVCL). The contract involves converting an existing 11/22 kV HT and LT overhead network to an underground cable system, including site survey, design, engineering, procurement, installation, testing, and commissioning. The project is to be executed within 24 months, excluding monsoon periods, after a 45-day commencement period. This significant order is expected to bolster the company's order book and revenue streams in the power infrastructure sector.
Key Highlights
- Secured ₹69.52 Crore turnkey contract from DGVCL.
- Project involves conversion of overhead network to underground cables.
- Execution timeline is 24 months excluding monsoon.
- Order falls under the SI scheme (Robust 3).
Price Impact
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