Advait Greenery Pvt Ltd Receives Letter of Award for New Facility

Advait Infratech Limited's wholly-owned subsidiary, Advait Greenery Private Limited, has been granted the Letter of Award to establish manufacturing capacities for Electrolysers in India. This initiative, with an annual capacity of 100MW, falls under the SIGHT Scheme (Tranche - 1) of the Ministry of New and Renewable Energy.

The terms and conditions outlined in the Letter of Award will be meticulously followed throughout the project's execution. The company is dedicated to achieving the specified manufacturing capacity within the designated timeline of 30 months, with the project commencement date set for August 9, 2026.

As part of the incentive structure, the subsidiary will be eligible for a benefit totaling INR 148 crores over a five-year period following the project's commissioning. This incentive is designed to facilitate and bolster the successful establishment of manufacturing capacities, thereby contributing to the growth of renewable energy in the nation.

The project will adhere to the highest standards of quality, compliance, and environmental responsibility. Regular updates on the project's progress will be provided as per regulatory obligations.

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