Advait Energy Transitions Ltd — Important, 02-06-2026: Company Update

Advait Energy Transitions' subsidiary, Advait BESS Bhesaan Private Limited, has executed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). Under this long-term agreement, the subsidiary will develop, own, and operate a 150 MW/ 300 MWh standalone Battery Energy Storage System project in Gujarat, making the capacity available to GUVNL for 12 years. This project, awarded through GUVNL's competitive bidding process, significantly expands Advait's footprint in the crucial energy storage sector. It positions the company as a key player in supporting grid stability and renewable energy integration, aligning with its energy transition goals.