Advaith Infratech Secures Prestigious Order for OPGW Live Line Installation in Ladakh

About Order

Advaith Infratech Limited, a leading player in the power transmission and distribution sector, has secured a significant order from Power Grid Corporation of India Limited (PGCIL) for the execution of OPGW Live Line Installation work in the Ladakh region. The project, valued at Rs 35,07,57,712 (excluding GST), marks a major milestone for Advaith Infratech and underscores its expertise in handling complex power grid infrastructure projects.

The project scope encompasses the design, engineering, supply, testing, commissioning, and servicing of OPGW cable in Ladakh. This vital technology enhances communication capabilities along power transmission lines, ensuring reliable grid operations and data transmission even in challenging geographical terrains like Ladakh. The successful execution of this project within the stipulated 25-month timeframe will further solidify Advaith Infratech’s reputation as a trusted partner in the power sector.

This win-win collaboration between Advaith Infratech and PGCIL will not only bolster India’s power infrastructure but also contribute to the development of the strategically important Ladakh region. Advaith Infratech is committed to delivering exceptional service and innovative solutions for India’s evolving energy needs.

Share Price Movement

Advait Infratech Ltd. is experiencing a strong surge in its stock price today. The stock is currently trading at Rs 2,257.90, which is a significant increase of Rs 107.50 (or 5.00%) from its previous closing price of Rs 2,150.40. This marks a new 52-week high for the company. The share has 52-week high and 52-week low of Rs 2,257.90 and Rs 344.70 respectively.

About Company

Advait Infratech Limited, a company based in Ahmedabad, offers products and solutions in power transmission, power substation, and telecommunication infrastructure sectors. Established in 2009, it has been listed on the Bombay Stock Exchange in 2020. The company operates in various verticals, including turnkey telecommunication projects, installation of power transmission, substation, and telecom products, liasioning-marketing, trading similar products, and manufacturing stringing tools through OEM. Major products include Optical Fibre Ground Wire (OPGW) and OFC cables, insulators for EHV-Extra High Voltage transmission lines, stringing tools, gas insulators, earthing solutions, and specialized products for transmission lines and substation lines.

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