Rs 1,330 Crore Order Book: This Small-Cap Electrical Equipment Secures 200 MW Project From KPI Green Energy; Share Price Jumps 2%

Om DSIJ/ 18 Aug 2026 /Categories: Mindshare, Trending

Rs 1,330 Crore Order Book: This Small-Cap Electrical Equipment Secures 200 MW Project From KPI Green Energy; Share Price Jumps 2%

Advait Greenergy, a material subsidiary of Advait Energy Transitions, received a turnkey EPC contract for a 200 MW solar ground-mounted HSAT 33 KV project at Bikaner, Rajasthan, with execution scheduled over 12 months

✨ Key Takeaways

Advait Energy Transitions has announced that its material subsidiary Advait Greenergy Private Ltd has received a turnkey contract for EPC work for a 200 MW Solar Ground Mounted HSAT 33 KV Project at Bikaner, Rajasthan from KPI Green Energy Limited. The order was received on August 17, 2026, and covers design, supplies, services, testing and commissioning of the project.

Rs 116 Crore Order From KPI Green Energy

The contract awarded by KPI Green Energy Limited carries a total consideration of Rs 116 crore, excluding Taxes. The project is a domestic contract and involves turnkey EPC work for the 200 MW solar ground-mounted project at Bikaner, Rajasthan.

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Under the contract, Advait Greenergy will be responsible for the design, supply, services, testing and commissioning associated with the project. The stipulated execution period for the order is 12 months.

Order Awarded in Normal Course of Business

According to the filing, Advait Greenergy received the order in the normal course of business. The company has disclosed that there is no promoter, promoter group or group company interest in the entity awarding the contract, and the order does not fall under related-party transactions.
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The latest contract adds a 200 MW solar EPC project to Advait Energy Transitions' business pipeline, with the company expected to execute the project over the next 12 months.

Advait Energy Transitions Share Price

On Tuesday, Indian equity benchmark indices traded lower, with the Nifty 50 index declining 0.32 per cent to 24,216.85. Amid the market movement, Advait Energy Transitions shares were trading at Rs 2,127.30, up 2.31 per cent.

The stock outperformed the broader market as the company announced the Rs 116 crore solar EPC contract from KPI Green Energy. The order covers a 200 MW project and includes the complete scope from design and supplies to testing and commissioning.

About Advait Energy Transitions

Advait Energy Transitions Ltd, formerly known as Advait Infratech Limited, operates in the energy transition space, while its material subsidiary Advait Greenergy Private Limited is executing the latest solar EPC contract. The company's latest disclosure relates to a 200 MW solar ground-mounted project in Bikaner, Rajasthan, awarded by KPI Green Energy.

The Rs 116 crore order, 200 MW project capacity and 12-month execution period remain key developments to track for Advait Energy Transitions as the company expands its presence in renewable energy EPC projects.