Advait Energy Wins Power Grid Contract for Optical Wire Installation

28 Mar 2025 CW Team

Advait Energy Transitions Ltd has emerged as the L1 bidder for the OPGW-04 package awarded by Power Grid Corporation of India Limited (PGCIL). The contract involves the supply and installation of Optical Ground Wire (OPGW) and communication equipment across multiple transmission lines in India.

Part of PGCIL's bulk implementation scheme for OPGW and communication infrastructure, the contract is associated with RFx Number: 5002003929 and covers both supply and erection work at various locations nationwide.

Earlier this year, Advait Energy Transitions received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 50 MW/500 MWh share in the 500 MW/1000 MWh standalone battery energy storage system (BESS) project in Gujarat. This project, under tariff-based global competitive bidding (Phase-IV) with viability gap funding, is aimed at strengthening energy storage capabilities in the state鈥檚 power grid.

The 50 MW BESS component is scheduled for completion within 18 months, further reinforcing Advait Energy鈥檚 position in India's renewable and grid infrastructure sector.

(cnbctv18)

Real Estate

15 May 2025

Mahindra Lifespaces Targets Rs 10,000 Bn Sales by FY30

Mahindra Lifespace Developers aims to more than treble its sales to Rs 100 Bn by financial year twenty thirty, up from Rs 33 Bn in financial year twenty twenty-five. Backed by a strong land bank, robust pipeline, and rights issue of Rs 15 Bn, the company is focusing on growth in premium housing and industrial leasing.The company鈥檚 gross development value (GDV) has grown from Rs 44 Bn in financial year twenty twenty-four to Rs 181 Bn in financial year twenty twenty-five, with the current pipeline at Rs 390 Bn. New launches are planned in Whitefield, Malad, Bhandup, Mahalaxmi and Pune.Mahindra..

Infrastructure Transport

15 May 2025

Bhubaneswar New Station Starts Three Express Trains to Ease Congestion

East Coast Railway has begun full-scale operations of three major express trains from the Bhubaneswar New Railway Station (BBSN) from 12 May 2025. The move aims to improve connectivity and reduce congestion at the Bhubaneswar Main Station.The trains now operating from BBSN include the Mumbai鈥揃hubaneswar Konark Express, the Secunderabad鈥揃hubaneswar Visakha Express, and the Bhubaneswar鈥揤isakhapatnam Intercity Express. All three were previously routed through the Bhubaneswar Main Station.BBSN, located in northern Bhubaneswar, is expected to benefit residents of northern city zones, Cuttack,..

Infrastructure Transport

15 May 2025

Indian Railways Clears Survey for New Line in Sikkim

The Ministry of Railways has approved a Final Location Survey for a proposed railway line in Sikkim, connecting Melli to Dentam via Jorethang and Legship. The Rs 22.5 Mn survey will be conducted by Northeast Frontier Railway to assess technical and financial feasibility.The planned 75-kilometre corridor aims to improve rail access in the under-served southern and western regions of Sikkim. The project is backed by Railway Minister Ashwini Vaishnaw and follows efforts by Member of Parliament Indra Hang Subba.This new line is intended to extend the under-construction Sivok鈥揜angpo railway proje..