Ahmedabad, India – Advait Energy Transitions Limited (formerly known as Advait Infratech Limited) is pleased to announce that it has successfully secured a significant order from the Jammu Kashmir Power Transmission Corporation Limited (JKPTCL). The contract involves the Design, Manufacturing, Testing, and Supply of Emergency Restoration Systems (ERS) for 220 kV Transmission Lines in the Jammu Region. This strategic development aligns with Advait’s mission to strengthen India’s energy infrastructure and support robust power transmission solutions.
The awarded contract is valued at Rs. 6,70,36,980 (Rupees Six Crores Seventy Lakhs Thirty-Six Thousand Nine Hundred and Eighty Only). Advait Energy Transitions Limited will complete the project within 270 days from the issuance of the Letter of Award (LOA), further establishing its commitment to delivering high-quality energy solutions within efficient timeframes.
Additional Details Required under SEBI Circular dated September 09, 2015, for Corporate Announcement filed under Regulation 30 of SEBI (LODR) Regulations, 2015
SR. No. | Particulars | Details |
11. | Name of the entity awarding the order(s)/contract(s) | Jammu Region by Jammu Kashmir Power Transmission Corporation Limited (JKPTCL) |
2. | Significant terms and conditions of order(s)/contract(s) awarded in brief | Design, Manufacturing, Testing at Manufacturer’s works And Supply of Emergency Restoration Systems (ERS) for 220 KV Transmission Lines In Jammu Region |
3. | Whether order(s) / contract(s) have been awarded by domestic/ international entity; | Domestic Entity |
4. | Nature of order(s) / contract(s) | Design, Manufacturing, Testing at Manufacturer’s works And Supply of Emergency Restoration Systems (ERS) for 220 KV Transmission Lines In Jammu Region |
5. | Whether domestic or international | Domestic |
6. | Time period by which the order(s)/contract(s) is to be executed | 270 days from issuance of LOA |
7. | broad consideration or size of the order(s)/contract(s) | Rs 6,70,36,980.00 (Rupees Six Crores Seventy Lakhs Thirty Six Thousand Nine Hundred and Eighty Only) |
8. | Whether the promoter/ promoter group / group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof | No |
9. | Whether the order(s)/contract(s) would fall within related party transactions? If yes, whether the same is done at “arm’s length”. | No |
This order marks a significant achievement for Advait Energy Transitions, reinforcing its expertise and leadership in energy infrastructure projects within the domestic market.