MoneyWorks4Me

Advait Infratech secures letter of intent worth Rs 158.90 crore

05 Jul 2024 Evaluate

Advait Infratech has received an letter of intent for an order for site survey, designing, engineering, procurement, supply, loading, transportation, unloading, insurance, delivery at site, handling, storage, installation, testing, commissioning including documentation of all items/material required to complete works for Turnkey Based Contract of 11kV Medium Voltage Covered Conductor (AL59 ACS) at Gujarat State, worth Rs 158.90 crore (w/o GST).

Earlier, the company had received an order for Uprating of existing 66kv lines on tower by high ampacity conductor/ HTLS conductor 27.516 RKM on June 11, 2024 worth Rs 16.27 crore from Gujarat Energy Transmission Corporation.

Advait Infratech is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields. 


Peers
Company Name CMP
Polycab India 8139.00
KEI Industries 4465.00
RR Kabel Ltd. 2525.30
Finolex Cables 1436.25
Precision Wire India 501.35
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