Advait Energy Transitions Limited, formerly known as Advait Infratech Limited, has officially announced the receipt of a significant domestic order from the Power Transmission Corporation of Uttarakhand Limited (PTCUL). The contract involves the replacement of old ACSR Panther conductors with high-performance HTLS conductors for the 132 kV Rishikesh – T Point – Chilla – Bhupatwala transmission line. This corporate announcement, dated April 21, 2026, follows a prior intimation made by the company in January 2026 regarding the tender process.
The technical scope of this project is focused on upgrading existing power infrastructure to improve transmission efficiency through the installation of HTLS (High-Temperature Low-Sag) conductors. Awarded by a domestic government entity, the contract is valued at approximately Rs. 27.74 Crores (specifically Rs. 27,73,95,115.54) inclusive of taxes. Advait Energy Transitions is expected to complete the execution of this project within a time period of 10 months.
Advait Energy Transitions is a specialized engineering firm providing end-to-end solutions in the power transmission, substation, and telecommunication sectors. Its portfolio includes manufacturing OPGW (Optical Fibre Ground Wire), Emergency Restoration Systems (ERS), and turnkey EPC services. In 2025, the company made significant strides in green energy, signing a Memorandum of Understanding (MoU) with HCGDBL for a 2,000 MTPA green hydrogen plant and partnering with TECO 2030 for fuel cell technology. Notable operational milestones in 2025 included completing a 1000KM OPGW line project for UPPTCL and commissioning India’s first operational green hydrogen-based microgrid for THDC India Ltd.
For the quarter ending December 31, 2025 (Q3 FY26), the company reported a robust financial performance. Revenue reached Rs. 215.62 Crores, representing a 114.74% YoY increase compared to the Rs. 100.41 Crores reported in the corresponding quarter of 2024. On a quarterly basis, revenue jumped 35.64% QoQ from the previous three-month period. Net profit for Q3 2025-26 stood at Rs. 16.59 Crores, a surge of 69.63% YoY from Rs. 9.78 Crores in the previous year and a 72.81% QoQ increase. The company has attracted attention from high-profile ace investors; as of late 2025 and early 2026, Vijay Kedia holds a 1.1% stake, while Ashish Kacholia maintains a 2.06% stake in the firm.
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