Advait Energy Transitions Ltd, formerly known as Advait Infratech Ltd, announced on Monday, December 2, that it has been selected as a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW battery energy storage project. This initiative is part of Gujarat’s larger plan to implement 500 MW/1000 MWh standalone battery energy storage systems.
In its regulatory filing, the company stated, “Advait Energy Transitions Limited has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd for 50 MW/500 MWh out of the 500 MW/1000 MWh Standalone Battery Energy Storage Systems project under Tariff-Based Global Competitive Bidding (Phase-IV) with Viability Gap Funding Support.”
The project aims to enhance grid stability and bolster Gujarat’s renewable energy framework. Advait’s 50 MW system will contribute to this goal, with a project execution timeline of 18 months. This initiative falls under Phase IV of the state’s tariff-based competitive bidding, which includes viability gap funding to make the projects economically feasible. Through this effort, Gujarat aims to further integrate renewable energy sources into its grid infrastructure.
Advait Energy is an emerging player in the renewable energy sector, committed to driving the transition toward sustainable and clean energy solutions. Focused on harnessing the power of solar, wind, and other renewable sources, Advait Energy delivers innovative energy projects and services to meet the growing demand for green energy. The company is dedicated to integrating advanced technologies to optimize energy production and storage, ensuring reliability and efficiency.
With a vision of creating a sustainable future, Advait Energy emphasizes environmental stewardship, social responsibility, and economic development. By fostering partnerships and investing in scalable projects, the company aims to contribute significantly to reducing carbon footprints and advancing renewable energy adoption across industries and communities.
