Advait Energy Transitions Limited Soars on Winning Turnkey Contract Bid for Green Hydrogen Project
Key Ideas
  • Advait Energy Transitions Limited's shares surged by 9.94% on BSE after winning a turnkey contract bid for a green hydrogen project.
  • The company received bid confirmation for a project under the Vanbandhu Kalyan Yojana-2 (VKY-2) scheme, with completion expected in 15 months.
  • Advait Energy also secured contracts for solar EPC solutions and OPGW installation, showcasing a diverse portfolio in the renewable energy sector.
  • Financially, the company reported significant YoY revenue and net profit growth, with strong key financial ratios and a stable shareholding pattern.
Advait Energy Transitions Limited witnessed a notable increase in its share price by 9.94% on the Bombay Stock Exchange (BSE) following the announcement of securing the bid confirmation for a turnkey contract in a green hydrogen project. The project, part of the Vanbandhu Kalyan Yojana-2 (VKY-2) scheme, involves the supply, installation, testing, and commissioning of a Medium Voltage Covered Conductor and accessories. Additionally, Advait Energy recently won contracts for solar EPC solutions and OPGW installation, broadening its scope in the renewable energy sector. The company demonstrated robust financial performance, with a 35.4% YoY increase in revenue and a 27.3% YoY rise in net profit. Key financial metrics like Return on Equity (RoE) and return on capital employed (RoCE) stood strong at 36.6% and 37.2%, respectively. The shareholding pattern indicated a significant stake held by Promoters and Retail Investors, with ace investor Ashish Kacholia also having a notable share. Advait Energy Transitions Limited, previously known as Advait Infratech Limited, specializes in offering EPC solutions for green hydrogen projects and other related services in the energy sector. With a history dating back to 2010, the company has established itself as a key player in the industry, focusing on engineering, procurement, and commissioning phases for various projects. The recent successes and positive financial performance indicate a promising future for Advait Energy in the renewable energy market.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2025 AdvanceH2, LLC. All rights reserved.