Advait Infratech Bags Order Worth INR 296 Crore from SECI
The order is for setting up manufacturing capacities of 200 MW of alkaline electrolysers in India under the SIGHT Scheme (Trench - II).
August 29, 2024. By EI News Network
“Advait Infratech has received an order for setting up manufacturing capacities of 200 MW of Alkaline Electrolysers in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche -II) by SECI on August 27, 2024,” mentioned the company in a regulatory filing. The said contract has to be executed within a period of five years.
The company is engaged in the business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields. As per the latest available data, the company's consolidated net profit jumped to INR 5.46 crore in the quarter ending June 2024, compared to INR 1.47 crore in the same period the previous year. Sales increased by 117.81 percent to INR 59.81 crore in Q1 FY25 from Q1 FY24.
please contact: contact@energetica-india.net.
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