{"id":5824,"date":"2025-01-09T10:54:12","date_gmt":"2025-01-09T05:24:12","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5824"},"modified":"2025-01-09T10:54:13","modified_gmt":"2025-01-09T05:24:13","slug":"advait-energy-shares-gain-on-letter-of-intent-from-gujarat-urja-vikas-nigam","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/advait-energy-shares-gain-on-letter-of-intent-from-gujarat-urja-vikas-nigam\/","title":{"rendered":"Advait Energy Shares Gain on Letter of Intent from Gujarat Urja Vikas Nigam"},"content":{"rendered":"\n<p>Shares of Advait Energy saw a 1.5% rise in early trading on January 9 after the company secured a significant Letter of Intent (LoI) from Gujarat Urja Vikas Nigam (GUVNL) for a 50 MW battery storage project.<\/p>\n\n\n\n<p>On the BSE, Advait Infratech Limited was trading at Rs 1,552.00 at 09:33 AM, up by Rs 22.35 or 1.46%.<\/p>\n\n\n\n<p>LoI is part of GUVNL&#8217;s larger tender for the development of a 500 MW\/1000 MWh Standalone Battery Energy Storage System in Gujarat through Tariff-Based Global Competitive Bidding (Phase IV) with Viability Gap Funding. Advait will execute its share of 50 MW\/500 MWh therein within a period of 18 months.<\/p>\n\n\n\n<p>Recently, Advait also received a new order for a work contract assigned to it being supply, installation, testing and commissioning job of High tension conductor up-gradation work at Suren Drajanagar Circle of UGVCL at Surendra Nagar alongwith 66KV Dhranga Dhara [220 KV)- Dhrangadhra L\/c and D \/ C at C O D -&amp; 66kV Viram gam. Kanz at C o.D End. The company received an order to supply and install 24 F OPGW on a turnkey basis for the 400 KV transmission line between Kurukshetra and Malerkotla under NRSS XXXI (B) transmission in December 2024.<\/p>\n\n\n\n<p>Within the last 52 weeks, while the high price of Advait Energy was Rs 2,260.00 on July 19, 2024, the low price was Rs 825.25 on January 11, 2024.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sup><sub>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/stocks\/advait-energy-shares-in-focus-on-loi-from-gujarat-urja-vikas-nigam-12906115.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/stocks\/advait-energy-shares-in-focus-on-loi-from-gujarat-urja-vikas-nigam-12906115.html\" rel=\"noreferrer noopener nofollow\">Moneycontrol<\/a><\/sub><\/sup><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Advait Energy saw a 1.5% rise in early trading on January 9 after the company secured a significant Letter of Intent (LoI) from Gujarat Urja Vikas Nigam (GUVNL) for a 50 MW battery storage project. On the BSE, Advait Infratech Limited was trading at Rs 1,552.00 at 09:33 AM, up by Rs 22.35 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[895],"class_list":["post-5824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-advait-energy"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5824"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5824\/revisions"}],"predecessor-version":[{"id":5827,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5824\/revisions\/5827"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5825"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}