Advait Energy Transitions Ramps Up BESS Push Alongside EPC expansion

Advait Energy Transitions Ltd is accelerating its expansion into battery energy storage systems (BESS) and green hydrogen as part of a broader strategy to diversify beyond power transmission EPC projects and deepen its role in India’s energy transition.

The company has begun execution of its first 50 MWh battery energy storage project awarded by Gujarat Urja Vikas Nigam Ltd under a 12-year build-own-operate concession, marking a key entry into long-duration storage infrastructure. It also commissioned 12.5 MW of a 100-MW solar EPC project at Khavda in Gujarat and is advancing large-scale battery storage installations at Radhanpur.

Advait’s subsidiary, Advait Greenergy Pvt Ltd, completed a 1-MW green hydrogen plant in Gujarat and a 67.1-MWp ground-mounted solar project under an independent power producer model, signalling a growing presence across emerging clean energy technologies.

Increased Partnerships

The company is also strengthening its technology partnerships, including collaborations with global firms for AEM and PEM electrolyser technologies and hydrogen storage systems. It has entered a licensing agreement with AVL List GmbH of Austria to manufacture fuel cells in India, underscoring its plans to build domestic capabilities in hydrogen and advanced energy technologies.

Construction of a multi-integrated manufacturing facility in Sanand, Gujarat, is progressing and is expected to begin operations in the third quarter of fiscal 2027. The facility will expand manufacturing capacity across power transmission, renewable energy, energy storage and hydrogen systems.

Alongside its energy transition push, Advait continues to secure transmission EPC work, including a 216-crore-rupee contract from Paschim Gujarat Vij Company Ltd for reconductoring 11-kV distribution lines.

Financial Performance In Q3

For the nine months ended Dec. 31, the company reported consolidated revenue of 486.33 crore rupees, up 138% year-on-year. Consolidated EBITDA rose 82% to 64.52 crore rupees, while profit after tax increased 90% to 36.50 crore rupees.

In the October–December quarter, consolidated revenue rose 114% year-on-year to 211.03 crore rupees, with profit after tax climbing 78% to 17.39 crore rupees.

The company’s consolidated order book stood at 1,048 crore rupees at the end of December, up 132% from a year earlier, providing visibility for continued expansion. Managing Director Shalin Sheth said government focus on renewable capacity, grid strengthening and energy security provides strong long-term growth tailwinds.