Advait secures Rs 1.29 bn EPC order for solar project in Gujarat

Advait Energy Transitions Limited has received an EPC and commissioning contract from KPI Green Energy Limited for a 67.5 megawatt peak (MWp) solar project in Gujarat. The contract is valued at Rs 1.293 billion.

The ground-mounted solar plant will be built at the Khavda Renewable Park in the Kutch region. The order has been awarded to Advait’s subsidiary, Advait Greenergy.

The contract includes design, engineering, supply, testing, and commissioning. It also covers the delivery of materials, balance of system components, and other related services.

The project is expected to be completed within six months.

In FY 2024–25, Advait Energy Transitions reported a consolidated revenue from operations of Rs 3.991 billion, up from Rs 2.088 billion in the previous year. Total income rose to Rs 4.064 billion, while net profit increased to Rs 320.5 million from Rs 218.9 million.