Advait BESS Bhesaan Pvt Ltd executes BESPA with GUVNL

Advait BESS Bhesaan Private Limited , a subsidiary of Advait Energy Transitions Limited(Formerly known as Advait Infratech Limited), has executed the Battery Energy Storage Purchase Agreement ("BESPA") with Gujarat Urja Vikas Nigam Limited ("GUVNL") for development of Standalone Battery Energy Storage System ("BESS") Project having an aggregate capacity of 150 MW/ 300 MWh, on June 1, 2026.

The BESPA has been executed pursuant to the tariff-based competitive bidding process conducted by GUVNL under Phase-VIII, supported by Viability Gap Funding (VGF) through the Power System Development Fund ("PSDF").

Under the terms of the BESPA, Advait BESS Bhesaan Private Limited will develop, own and operate the Standalone BESS Project in the vicinity of 220kV Bhesan AIS S/S (150 MW/ 300 MWh) substation of GETCO, in the State of Gujarat and make the contracted battery energy storage capacity available to GUVNL on a long-term basis.

Shares of Advait Infratech Ltd was last trading in BSE at Rs. 2064.00 as compared to the previous close of Rs. 1971.20. The total number of shares traded during the day was 8100 in over 834 trades.

The stock hit an intraday high of Rs. 2082.00 and intraday low of 1975.00. The net turnover during the day was Rs. 16391723.00.

Source : Equity Bulls

Keywords

INE0ALI01010 AdvaitEnergyTransitions AdvaitBESSBhesaan GUVNL