Use UNICORN Signals App By EquityPandit
BUSINESS

Advait Energy Secures Order from Gujarat Urja Vikas Nigam

The company has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam for 50 MW/500 MWh.

Advait Energy on Thursday, 9 January, announced receiving a Letter of Intent for a 50 megawatt (MW) project from Gujarat Urja Vikas Nigam. 

The company has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam for 50 MW/500 MWh as part of a project to establish 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat. 

This initiative, under Tariff-Based Global Competitive Bidding (Phase-IV) with Viability Gap Funding Support, is slated for completion within 18 months.

Additionally, the company secured an order for the supply, installation, testing, and commissioning to convert a line with DOG Conductor into an equivalent HTLS Conductor (maintaining the weight of DOG Conductor but with higher ampacity). 

This work covers two segments under the Surendranagar Circle: 
1 The 66KV Dhrangadhra (220KV) – Dhrangadhra Line 
2 The 66KV Viramgam – KANZ Line.

Earlier in December 2024, the company secured an order for the supply and installation of 24 F OPGW on a Turkey basis for a 400 KV line from NRSS XXXI (B) transmission for 400 KV transmission line Kurukshetra- Malerkotla.

Ready to invest like a pro? Unicorn Signals app equips you with 100+ Free tools and knowledge you need to succeed. Download the Unicorn Signals app and gain access to daily stock lists and insightful market analysis and much more!

Get Daily Prediction & Stocks Tips On Your Mobile


Latest
IPO
Weekly
Outlook

Stock
Market
Prediction