ADVAITAdvait Energy Transitions Ltd.
Advait Energy Transitions gets ₹62 crore DGVCL order for underground cable
- Order win
- Power distribution infrastructure
Reviewed byKeshav SehgalBlacklitt Research
Advait Energy Transitions (NSE: ADVAIT) has received an order worth ₹62.05 crore including taxes from Dakshin Gujarat Vij Company Ltd (DGVCL), it said in a filing on 4 Nov 2026. The turnkey contract covers converting the existing 11/22 kV HT overhead network to underground cable in the Vyara Division.
Key highlights
- Order value: ₹62.05 crore including taxes
- Order received on 3 Nov 2026
- Execution period: 24 months after a 45-day commencement period
- Awarded by DGVCL, a domestic entity
The contract in numbers
| Item | Detail |
|---|---|
| Awarded by | Dakshin Gujarat Vij Company Ltd (DGVCL) |
| Type | Turnkey contract, domestic |
| Location | Vyara Division |
| Value | ₹62.05 crore including taxes |
| Order received | 3 Nov 2026 |
| Execution period | 24 months, excluding the monsoon period (June-July-August), after a 45-day commencement period |
| Scope | Site survey, design, engineering, procurement, supply, transport, installation, testing, commissioning and documentation |
Scope of the Vyara Division work
The company describes the order as a turnkey contract for converting the existing 11/22 kV HT overhead network to an underground cable system at Vyara Division under DGVCL. The scope includes site survey with underground utility verification using GPR and EPL, followed by design, engineering, procurement, supply, transport, installation, testing, commissioning and documentation.
The work also includes SCADA compatible RMUs, removal of the DO overhead system, a higher-capacity transformer, SCADA compatible compact substations and conversion of the overhead LT network to underground using FSP/MSP. GIS mapping, referred to as Geo Urja Mapping and developed by GUVNL, and asset tagging are part of the job under the SI scheme.
Timeline set out in the filing
The order is to be executed within 24 months after a commencement period of 45 days. The monsoon period from June to August is excluded from the 24 months.
The company says it received the order in the normal course of business.
What the order means for Advait Energy Transitions' shareholders
The order is worth ₹62.05 crore including taxes. The filing does not say how much of it will be recognised as revenue in each year, what margin the work carries, or how it compares with the company's existing orders.
The next dated step in the filing is the 45-day commencement period, after which the 24-month execution period begins.
Filed with NSE on . Reference: Original filing (PDF)
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