Wed. Jul 17th, 2024

Advait Infratech, a leading power transmission and green energy company, which has been at the forefront of delivering robust products and solutions tailored for power transmission, substation, and telecommunication infrastructure since its inception in 2009. Advait Infratech stands tall as a beacon of innovation and sustainability in the realm of power transmission and green energy.

Since its inception in 2009, under the astute leadership of Mr. Shalin Sheth,dvait Infratech has remained steadfast in its commitment to meeting client needs while championing environmental stewardship. At the heart of Advait Infratech’s success story are the individuals who form the very building blocks of its operations. Its recent stock price surge of 572.89% underscores its remarkable growth trajectory, far outperforming market benchmarks.

This article highlights Advait Infratech’s growth prospects and initiatives in the power transmission and green energy sectors, showcasing its dedication to meeting the evolving needs of its clients and the environment.

Manufacturing and Supply Chain Expansion
With a focus on meeting escalating demand, Advait Infratech is expanding its manufacturing prowess. The company anticipates a sustained demand for Optical Ground Wire (OPGW) and Aluminium Clad Steel wires (ACS) supplies in FY 25, with an installed capacity of 4000 tons and a utilisation rate of approximately 80%. This expansion will enable the company to maintain a steady production pace and ensure timely deliveries to its clients. Additionally, Advait Infratech plans to manufacture and execute over 30 tower sets for the Emergency Restoration System (ERS), bolstering its position as a key player in emergency response solutions.

EPC Operations and Strategic Partnerships
Advait Infratech is poised for significant growth in its EPC operations, particularly in the liveline sector. The company aims to secure new orders in Andhra Pradesh, Uttarakhand, and the Union Territory of Ladakh, while ongoing projects in Uttar Pradesh, Tamil Nadu, and Gujarat are on track for early completion. This strategic expansion will solidify Advait Infratech’s presence in the liveline EPC market. Furthermore, the company plans to venture into High-Temperature Low-Sag (HTLS) conductor projects, which offer significant market potential and attractive margins. Strategic partnerships with approved manufacturers will enhance Advait Infratech’s ability to deliver cutting-edge energy solutions.

Green Energy and Sustainability Services
Advait has made significant strides in the green energy sector, securing a SECI PLI bid – under Tranche I for setting up a 100 MW electrolyser manufacturing facility in Gujarat. This project marks a significant milestone, with the company receiving orders for 2 MW and inquiries for over 200 MW. The target for this fiscal year is to supply 10 MW. Additionally, Advait has successfully completed the ‘Microgrid’ Solar-based Green Hydrogen project for THDCIL in Rishikesh, demonstrating its technical expertise and engineering capabilities. The company is actively participating in various tenders from PSUs, private players, and government bodies, with market inquiries exceeding INR 1000 crore for GH2 EPC projects.

Carbon Services, Sustainability Initiatives & Solar EPC
The company’s Sustainability Services Division offers comprehensive Carbon management solutions, including Carbon Consultancy, Carbon Trading, Offsetting solutions, Decarbonization goal setup, and Decarbonisation advisory. From due diligence to registration, issuance, and trading of carbon credits, Advait Infratech provides end-to-end support, ensuring seamless navigation through the complexities of carbon markets. With 40+ projects onboarded and more than 180+ MW capacity projects, the company is well-positioned to assist corporations in achieving their sustainability goals.

Advait has also expanded into the solar EPC sector, securing 60 MW of capacity and managing 300 MW of inquiries in the pipeline.
Advait Infratech’s Sustainability Services Division serves as a testament to its dedication to environmental stewardship. It is the unwavering commitment of its employees that propels Advait Infratech towards achieving its sustainability goals and creating a lasting impact on the world.
Business Outlook 2024-25
The company anticipates a growth rate of over 30% in its stringing tools for power transmission, driven by robust order inquiries and increasing demand for high-quality stringing tools. The company also plans to expand its EPC operations in the HTLS sector, which offers significant market potential and attractive margins. Advait Infratech’s commitment to innovation and sustainability will continue to drive its growth prospects, solidifying its position as a key player in the power transmission and green energy sectors.

In the last year, Advait Infratech has formed strategic partnerships with GuoFu, HuaDe and TECO 2030 along with signing significant MoUs with Government of Gujarat and Goverment of Uttarakhand.

Central to Advait Infratech’s growth narrative are its strategic partnerships and collaborations. By joining hands with approved manufacturers and forging alliances with industry leaders, the company has fortified its position as a frontrunner in delivering cutting-edge solutions. These partnerships underscore Advait Infratech’s collaborative spirit and its unwavering dedication to delivering excellence in every endeavor.

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