Advait Energy Transitions Rises Nearly 6% After Emerging as L1 Bidder for Power Supply Project
By Staff Writer . Energy & Markets News . April 16, 2025
Mumbai, India โ Shares of Advait Energy Transitions surged on Tuesday after the company emerged as the L1 (lowest bidder) and successful contender for a significant turnkey power supply contract. The stock climbed 5.92% to trade at Rs. 1307.00, up Rs. 73.10 from its previous close of Rs. 1233.90 on the BSE.
Stock Performance Snapshot
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Opening Price: Rs. 1275.00
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Dayโs High/Low: Rs. 1320.00 / Rs. 1240.00
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Volume Traded: 22,716 shares
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52-Week High: Rs. 2260.00 (19-Jul-2024)
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52-Week Low: Rs. 1020.00 (17-Mar-2025)
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Market Cap: Rs. 1411.99 crore
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Promoter Holding: 69.46%
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Non-Institutional Holding: 30.54%
The stock has also recorded a weekly high of Rs. 1299.90 and a low of Rs. 1087.65, reflecting growing investor interest following the project win.
Project Win Highlights
Advait Energy Transitions has been awarded the turnkey contract for:
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Supply, installation, testing, and commissioning of 11KV Medium Voltage Covered Conductor (MVCC)
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Scope: Includes accessories and allied infrastructure
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Purpose: To establish a robust and reliable power supply network on the 11KV feeder of Bhavnagar Circle of PGVCL (Paschim Gujarat Vij Company Ltd)
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Timeline: To be completed within 12 months
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Scheme: Awarded under the System Improvement (SI) Scheme
This project is a key step toward strengthening the medium voltage distribution network and ensuring consistent power delivery to customers in the Bhavnagar region.
Company Profile
Formerly known as Advait Infratech, Advait Energy Transitions specializes in power transmission, substation solutions, and telecommunication infrastructure. The company continues to diversify its offerings in the evolving Indian energy landscape, with a growing focus on grid modernization and energy transition projects.
The L1 status in a competitive government bidding process demonstrates Advaitโs cost-efficiency and technical capability, which could translate into increased revenue and long-term credibility within the power infrastructure domain.
