Advait Energy Transitions Ltd

Advait Energy Transitions Merger & Restructuring Worth ₹0.03 Cr

Advait Energy Transitions Limited incorporated three new subsidiaries: Advait Battery Ecosystems, Advait Carbon Advisory, and Advait Unified Renewable Assets. Each subsidiary has an initial paid-up capital of ₹0.01 Crore (Total ₹0.03 Crore). These entities will focus on battery ecosystems, carbon advisory, and renewable energy assets, diversifying the company's green energy portfolio.

Value

₹0.03 Cr

Advait Energy Transitions Bags ₹27.74 Cr Order

Advait Energy Transitions Limited has secured a domestic contract worth ₹27.74 Crore from PTCUL. The project involves replacing old ACSR Panther conductors with HTLS conductors on the 132 kV Rishikesh-Bhupatwala line. The contract is scheduled for execution within 10 months, enhancing the company's transmission sector presence.

Value

₹27.74 Cr

Execution

10 Months

Advait Energy Transitions Bags ₹27.74 Cr Order

Advait Energy Transitions Limited bagged a ₹27.74 Crore order from PTCUL for the replacement of old conductors with HTLS conductors on the 132 kV Rishikesh-Bhupatwala line. The project has an execution period of 10 months. This contract, received in the normal course of business, enhances the company's revenue visibility in the power transmission sector.

Value

₹27.74 Cr

Execution

10 months

Advait Energy Transitions Announces New Order Win

Advait Energy Transitions Limited has been confirmed as the L1 successful bidder for a turnkey contract from DGVCL. The project involves the supply and commissioning of 11KV MVCC conductors under the Vanbandhu Kalyan Yojana-2 Scheme. Detailed financial disclosures will follow once the formal Letter of Intent is received.

Advait Energy Transitions Merger & Restructuring

Advait Energy Transitions Limited has completed the voluntary winding up of its Norway-based wholly owned subsidiary, Advait Energy Holdings AS. The subsidiary had zero turnover and net worth in the previous year. This closure is part of a corporate restructuring to streamline the company's international holdings.