Advait Infratech Secures Rs. 35 Crore Order from PGCIL for Ladakh Region
Advait Infratech secures an Rs. 35 crore order from PGCIL for OPGW Live Line Installation in Ladakh, which is to be completed in 24 months reinforcing its role in critical infrastructure projects.
by Damodharan N
Updated Jul 18, 2024
Advait Infratech Limited has announced the successful acquisition of an order worth Rs. 35 Crore exact amount [35,07,57,712 (excluding GST)] from Power Grid Corporation of India Limited (PGCIL) for the execution of EPC work for OPGW Live Line Installation in Ladakh.
The scope of the project involves the design, engineering, supply, testing, service, and commissioning of OPGW Cable infrastructure. This domestic contract with deadline of 24 months underscores Advait Infratech's expanding role in critical infrastructure projects and its commitment to enhancing operational capabilities in key regions.
Get the full Release Here
Advait Infratech
Established in 2009, Advait Infratech has emerged as a leader in providing robust products and solutions tailored for power transmission, substations, and telecommunication infrastructure.
Specializing in manufacturing and EPC services, our offerings include a wide range of products such as stringing tools, OPGW cables, OFC cables, ACS wires, ERS systems, and OPGW joint boxes.
Over the years, we have diversified into green energy solutions, including the supply of electrolysers and fuel cells since 2023. Additionally, our commitment to sustainability extends to offering consultancy services for carbon neutrality and decarbonization, aiming to foster a more environmentally friendly energy landscape.
Advait Infratech Secures Rs. 35 Crore Order from PGCIL for Ladakh Region - FAQs
1. What contract did Advait Infratech secure from PGCIL? .
Advait Infratech secured a Rs. 35 crore contract from Power Grid Corporation of India Limited (PGCIL) for the execution of EPC work for OPGW Live Line Installation in Ladakh.
2. What is the scope of the project awarded to Advait Infratech?
The project involves the design, engineering, supply, testing, service, and commissioning of OPGW Cable infrastructure in Ladakh.
3. Who awarded the contract to Advait Infratech?
The contract was awarded by Power Grid Corporation of India Limited (PGCIL), a domestic entity.
4. What is the total value of the contract secured by Advait Infratech?
The contract is valued at Rs. 35 crore (Rs. 35,07,57,712 excluding GST)
5. What is the duration for completing the project?
Advait Infratech is expected to complete the project within 24 months from the date of commencement.
6. What are the key components of the OPGW Live Line Installation project?
Key components include the design, engineering, supply, testing, service, and commissioning of OPGW Cable infrastructure.
7. How does this contract reinforce Advait Infratech's role in critical infrastructure projects?
This contract underscores Advait Infratech's expanding role in critical infrastructure projects, particularly in enhancing operational capabilities in key regions like Ladakh.
8. What impact does this contract have on Advait Infratech's business strategy?
This contract aligns with Advait Infratech's strategy to focus on providing robust solutions in power transmission and substations, while also diversifying into green energy initiatives.
9. How has the market reacted to Advait Infratech securing this contract?
The market response indicates confidence in Advait Infratech's capabilities, with potential positive implications for its market position and future growth.
10. What future developments can be expected from Advait Infratech following this contract?
Advait Infratech may leverage this project to further expand its portfolio in critical infrastructure projects and green energy solutions, aiming for sustained growth and market leadership.