Key Quantitative Figures
The total contract value is ₹75,56,30,411.00 (Rupees Seventy-Five Crore Fifty-Six Lakh Thirty Thousand Four Hundred Eleven Only), inclusive of all taxes.
Parties Involved
- Company Awarding Contract: Paschim Gujarat Vij Company Ltd (PGVCL)
- Contract Recipient: Advait Energy Transitions Limited
- Technology Provider: The contract involves the use of GIS Mapping / Geo Urja Mapping developed by Gujarat Urja Vikas Nigam Limited (GUVNL).
Project Details and Significant Terms
The contract is a turnkey project designated as Package-61 under the SI Scheme. The scope of work is comprehensive and includes:
- Site Survey, Designing, and Engineering
- Procurement, Supply, and Delivery at Site of all required materials
- Loading, Transportation, Unloading, Insurance, Handling, and Storage
- Installation, Testing, and Commissioning
- Complete documentation for all items/material
The specific objective of the project is the Conversion of the Existing 11 kV HT & LT Line Network (including Consumer Service Lines) into an Underground Cable Network with a Ring Main System. The work will be carried out in the Udyognagar Subdivision (part-1) of the Porbandar Circle under PGVCL. The project also includes GIS Mapping and Asset Tagging.
Execution Timeline
The contract has a stipulated time period for execution of 18 months.
Nature and Jurisdiction of the Contract
The order has been awarded by a Domestic Entity (PGVCL) and is a Domestic contract.
Related Party Considerations
The disclosure explicitly states that the fields for 'Promoter/Promoter Group/Group Companies interest' and 'Related Party Transaction' are left blank, indicating that the promoter/promoter group/group companies have no interest in PGVCL and that this order does not constitute a related party transaction.
Scrip Information
Company Scrip Code: 543230
Company Symbol: ADVAIT