Advait Infratech Ltd clarifies on media report - Electrolyser Scheme: Sops in SIGHT for Lucky 13

Advait Infratech Limited ("the Company") had participated in the Tender of bidding for "Selection of Electrolyser Manufacturers (EM) for Setting up Manufacturing capacities for Electrolysers in India" under Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche - 1) by Solar Energy Corporation of India Limited (SECI) which is Government of India Enterprise under the administrative control of the Ministry of New & Renewable Energy (MNRE).

The Company had bid in Bucket 1 for a capacity of 200 MW for manufacturing Alkaline Electrolysers. The bid opening was scheduled on August 13, 2024 and the Company is yet to receive any official communication / LOA from SECI and as soon as the same is received, the Company shall provide adequate intimation in this behalf.

Shares of Advait Infratech Ltd was last trading in BSE at Rs. 1875.40 as compared to the previous close of Rs. 1864.50. The total number of shares traded during the day was 12896 in over 775 trades.

The stock hit an intraday high of Rs. 1905.00 and intraday low of 1815.00. The net turnover during the day was Rs. 24221148.00.

Source : Equity Bulls

Keywords

AdvaitInfratech INE0ALI01010 Clarification MediaReport ElectrolyserScheme