The order is for the design, manufacturing and supply of Emergency Restoration Systems (ERS) for extra-high-voltage (EHV) transmission lines across the 400kV, 220kV and 132kV voltage classes, along with all associated accessories.
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Shares of Advait Energy Transitions Ltd. were trading up as much as 8% on Wednesday, August 26, after the company announced that it had secured a ₹135 crore turnkey contract from Madhya Pradesh Power Transmission Company Ltd. (MPPTCL).
The order is for the design, manufacturing and supply of Emergency Restoration Systems (ERS) for extra-high-voltage (EHV) transmission lines across the 400kV, 220kV and 132kV voltage classes, along with all associated accessories.
The contract is to be executed over a period of 18 months, the company said in an exchange filing.
The order was received in the normal course of business and is from MPPTCL, the state transmission utility of Madhya Pradesh.
