Since its inception in 2009, the company has remained at the leading edge of innovation, fostering progress across multiple sectors. With a central emphasis on the production and provision of vital components for the power transmission industry, the company boasts a diverse array of products such as stringing tools, OPGW, OFC cables, ACS, ERS, and OPGW joint boxes.
On December 5, 2024, the company announced that it had been awarded a substantial contract for the supply and installation of 24F OPGW on a turnkey basis, specifically for a 400 kV transmission line project.
This order has been placed by NRSS XXXI (B) Transmission, a prominent player in the power transmission sector, and relates to the 400 kV Kurukshetra-Malerkotla transmission line. The project is scheduled to be completed within seven months.
This project focuses on the implementation of 24F OPGW, a state-of-the-art optical ground wire designed to improve the reliability of power transmission while enabling efficient data communication for utility companies.
Advait Infratech will be responsible for supplying the 24F OPGW in accordance with international standards, overseeing the installation process, and delivering a comprehensive turnkey execution that includes design, procurement, integration, testing, and commissioning.
The 24F OPGW technology offers numerous advantages for the power grid. It serves dual purposes as both a ground wire and a communication medium, enhancing the reliability of the grid by safeguarding transmission lines against lightning strikes and faults while also facilitating real-time communication.
Furthermore, the optical fibres provide utilities with enhanced monitoring and control capabilities, ensuring quicker responses to power interruptions. This project is also indicative of a commitment to sustainability, as it seeks to modernise India’s power infrastructure through efficient and environmentally friendly solutions.
The company’s consolidated net profit fell 21.1% to Rs 4.3 crore in Q2 FY25, owing to a 5.6% drop in net sales to Rs 46.19 crore from Q2 FY24.
Advait Infratech Limited’s share price increased by 5% intraday and is currently trading at ₹1713.35 per share as of 1:05 pm.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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