Advait Energy Transitions Secures Battery Storage Project in Gujarat, Shares in Spotlight

Advait Energy Transitions Shares in Focus After Signing Battery Energy Storage Deal

Advait Energy Transitions' subsidiary, Advait BESS Bhesaan, has signed a significant contract with Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of a 150 MW/300 MWh standalone Battery Energy Storage System (BESS) project in Gujarat. The Battery Energy Storage Purchase Agreement (BESPA) is a major milestone in the company's expansion in the energy storage segment and will support Gujarat's growing renewable energy infrastructure.

Under the terms of the agreement, Advait BESS Bhesaan will provide contracted battery energy storage capacity to GUVNL on a long-term basis. The project marks a significant step forward in the company's efforts to contribute to the development of Gujarat's renewable energy sector.

Market Performance In the previous trading session, Advait Energy Transitions' shares closed at Rs 1,971.20, marking a gain of Rs 27.15, or 1.40 percent. The shares touched a 52-week high of Rs 2,419.00 on 31 July, 2025, and a 52-week low of Rs 1,321.05 on 16 January, 2026. Currently, the stock is trading 18.51 percent below its 52-week high and 49.21 percent above its 52-week low.

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Company Overview The market capitalisation of Advait Energy Transitions stands at Rs 2,157.09 crore, making it a significant player in the energy sector.