Advait Energy Transitions Ltd has received bid confirmation as the L1 (lowest) bidder for a major turnkey power infrastructure contract in Bhavnagar, Gujarat, under the Vanbandhu Kalyan Yojana-2 (VKY-2) scheme. The contract, awarded by Dakshin Gujarat Vij Company Limited (DGVCL), covers the supply, installation, testing, and commissioning of 11 KV 55mm² AAAC Medium Voltage Covered Conductor (MVCC) and associated accessories across 580 circuit meter kilometers. DGVCL will provide the required poles and fabrications.
Key Highlights:
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Project aims to enhance electricity infrastructure in tribal areas of Gujarat under VKY-2.
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Total project length: 580 CMK, to be completed within 15 months from commencement.
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Advait Energy’s share price surged over 8% following the announcement.
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The company awaits the formal Letter of Intent before project initiation.
This win strengthens Advait Energy’s position in turnkey power solutions and supports regional development goals.
Source: Angel One, Business Standard