News

Latest News

  • June 4, 2026

    BESS in India: Advait Records Highest Revenue Jump | NDTV Profit

  • May 17, 2026

    Where is the project located | Green Hydrogen | Locations | Advait Greenergy | Advait Group | AGPL

  • May 5, 2026

    Building Advait Greenergy — India's Clean Energy Story | Rutvi Sheth Kundalia | AGPL | Advait Group

  • April 29, 2026

    Where Every Electrolyzer Earns Its Place in India's Green Hydrogen Mission | Advait Greenergy

  • April 28, 2026

    What goes inside an electrolyzer | Advait Greenergy | AGPL | Advait Group

  • April 27, 2026

    Inside India's One of the First 30 MW Alkaline Electrolyser Assembly Line | Part 1 | Advait Group

  • April 21, 2026

    Somewhere between commissioning day and the first BESS tender | Advait Greenergy | AGPL | Advait

  • April 20, 2026

    Where does green hydrogen actually make sense first? | Advait Greenergy | AGPL | Advait Group

  • April 18, 2026

    Grey Hydrogen vs Green Hydrogen | Advait Greenergy | AGPL | Advait Group | Advait Energy | AETL

  • April 13, 2026

    A quiet shift happened recently in New Delhi, and it didn’t get the attention it deserves | Advait

  • March 28, 2026

    One of India's First 30MW Alkaline Electrolyser Assembly Line | AGPL | AETL | Advait Group

  • March 27, 2026

    India's one of the first 30 MW alkaline electrolyser assembly line | Advait Greenergy | Advait Group

  • March 17, 2026

    Strategic Outlook: Electrolyser Manufacturing & FY27 Guidance | Advait Energy Transitions Ltd.

  • March 13, 2026

    Evolution of AGPL | Past, Present, and Future | Advait Group

  • February 5, 2026

    Why corporate relations will define the green energy future

  • February 5, 2026

    Advait Greenergy, CENMAT Partner to Scale Green Hydrogen Projects with PEM and AEM Electrolysers

  • February 4, 2026

    Advait Energy Transitions Limited's (NSE:ADVAIT) Popularity With Investors Is Clear

  • January 30, 2026

    India’s Battery Energy Storage Ambition Faces A Reality Check

  • January 29, 2026

    Budget 2026: Vatsal Kundalia Deep Dive into Budget 2026 Energy Needs.

  • January 22, 2026

    Budget Expectation

January 9, 2025

Advait Energy Transitions shares in focus after receiving LoI for 50 MW battery energy storage project in Gujarat

Synopsis

Advait Energy Transitions will be in the spotlight as it receives a LoI from Gujarat Urja Vikas Nigam Ltd for a 50 MW segment of the 500 MW Standalone Battery Energy Storage System project. This project is part of GUVNL’s Phase-IV, supported by Viability Gap Funding.

Advait Energy Transitions shares will remain in focus on Thursday following the company’s announcement of receiving a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh segment of the 500 MW/1000 MWh Standalone Battery Energy Storage System (BESS) project in Gujarat.

“We wish to inform you that Advait Infratech Limited (the company) has received Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Ltd for 50 MW/500 MWH out of the project for setting up of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-IV) with Viability Gap Funding Support,” Advait Energy Transitions said in an exchange filing.

The project is part of GUVNL’s Tariff-Based Global Competitive Bidding (Phase-IV), supported by Viability Gap Funding. Advait will develop the 50 MW capacity as a standalone BESS to enhance energy storage capabilities in Gujarat’s power grid. The 50 MW BESS component is scheduled for completion within an 18-month timeframe.

Additionally, the company secured an order for the supply, installation, testing, and commissioning of the conversion of lines with DOG Conductor into equivalent HTLS Conductor for the Surendranagar Circle, covering the 66KV Dhrangadhra (220KV) – Dhrangadhra Line and the 66KV Viramgam – KANZ Line.