Advait Energy wins Rs 87.29 crore Powergrid ERS order

What the Powergrid order covers

Advait Energy Transitions said it has secured an order worth Rs 87.29 crore from Powergrid Corporation of India. The work relates to ERS package ERS-II and is associated with the procurement of ERS suitable for 400 kV transmission lines (Set-5). The company disclosed the total project value as Rs 87.29 crore.

Execution timeline and scope

The company said the project is scheduled to be executed within 18 months. The announcement positions the order within the company’s transmission-line solutions segment, where emergency restoration systems are used to restore lines quickly after damage.

Broader EPC activity highlighted by the company

Alongside the Powergrid order, Advait Energy Transitions referenced operational progress across its engineering, procurement and construction (EPC) portfolio. It said it secured a major EPC contract of approximately Rs 216 crore from Paschim Gujarat Vij Company Limited (PGVCL) for the reconductoring of 11 kV distribution lines. The company also cited execution of multiple complex EPC projects, including MVCC conductor installations, underground cabling, and live-line OPGW deployments.

Entry into battery energy storage

Advait Energy Transitions also said it commenced execution of its first 50 MWh / 100 MW Battery Energy Storage System (BESS) project. The BESS project was awarded by Gujarat Urja Vikas Nigam Limited (GUVNL) under a 12-year build-own-operate (BOO) concession. The company described this as marking its entry into long-duration energy storage infrastructure.

RDSS tender: L1 status and Gujarat footprint

In a separate disclosure referenced in the provided information, Advait Energy Transitions was confirmed as the L1 (lowest) bidder under the Revamped Distribution Sector Scheme (RDSS) from PGVCL. The project involves supply, installation, testing, and commissioning of 11 kV Medium Voltage Covered Conductors (MVCC) across five locations in Gujarat.

The company was stated to be awaiting a formal Letter of Intent (LoI) or award confirmation. Another reference specified that the company received confirmation on January 8, 2026 that it had been selected as the L1-stage successful bidder.

Key project values by region under RDSS

The information included the following region-wise project values for the PGVCL RDSS work:

Separately, the RDSS tender value was also cited as Rs 245.33 crore, with Surendranagar shown as Rs 37.79 crore in one reference. The company’s L1 status was consistently linked to MVCC installation across the same five districts.

Other Gujarat DISCOM order: DGVCL MVCC contract

Advait Energy Transitions also secured an order from Dakshin Gujarat Vij Company Limited (DGVCL) to set up an 11 kV 55 mm² AAAC Medium Voltage Covered Conductor power line. The contract value was stated as Rs 999.9 million, which is Rs 99.99 crore, and the execution timeline was stated as 18 months. The scope included installation, testing, commissioning, and associated accessories, on a turnkey basis. The order was described as awarded under the Kishan Suryodaya Yojana and other programs.

Stock moves cited alongside order flow

The provided information noted that Advait Energy Transitions’ stock moved on order-related updates. One reference said the company’s stock jumped 2.78% to Rs 1,477.60 intraday after a PGVCL order update. Another reference said the scrip rose up to 4.45% to hit an intraday high of Rs 1,840 on October 13, 2025, in an overall weak market.

MoU with Gujarat government for planned investment

The company also disclosed that its subsidiary, Advait Greenergy Private Limited, signed a Memorandum of Understanding (MoU) with the Government of Gujarat on October 10, 2025, at Mehsana, Gujarat, under the Vibrant Gujarat Regional Conferences initiative. Under the MoU, Advait Greenergy planned to set up two projects in Gujarat with a total investment of Rs 1,450 crore, and the state government would assist with permissions, registrations, approvals, and clearances aligned with existing policies.

Snapshot table: orders and timelines mentioned

Why these announcements matter

Taken together, the disclosures show Advait Energy Transitions operating across transmission restoration systems, distribution reconductoring and covered-conductor upgrades, and early-stage execution in battery energy storage. The Powergrid ERS order is clearly defined by value and timeline, while the Gujarat DISCOM-related projects provide a view of the company’s concentration in state utility infrastructure work, including RDSS-linked upgrades.

What to watch next

Based on the information provided, key next steps include the expected Letter of Intent or award confirmation from PGVCL for the RDSS work and ongoing execution updates on the Powergrid ERS-II order and the DGVCL 11 kV line project, both stated with 18-month timelines.