Advait Greenergy, a subsidiary of Advait Infratech Limited has received letters of intent (LoI) for solar and green hydrogen projects totaling to Rs 726.9 million. The company has received a LOI from KPI Green Energy for the engineering, procurement, and construction of a 30 MW ground-mounted solar project in Khavda, Gujarat. The contract is valued at Rs 590 million and is expected to be completed within nine months from the service order date. Furthermore, Advait Infratech Limuited has obtained a LOI for the EPC of a 1 MW green hydrogen plant in Matar, Gujarat. Valued at Rs 136.9 billion, the project is scheduled for commissioning within eight months from the LOI date.
In April 2024, Advait Infratech Limited signed MoU with TECO 2030, a company based in Norway, for the production of fuel cells in India.
