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Ahmedabad-based Advait Infratech Ltd has announced that its subsidiary – Advait Greenergy – has received Letters of Intent (LoI) from the KP Group of Companies for significant solar and green hydrogen projects.
These projects, totaling Rs 72.69 crore (over $8.7 million), represent a major milestone for Advait Infratech and Advait Greenergy Private Limited.
The company has been awarded an LoI from KPI Green Energy for the engineering, procurement, and construction (EPC) of a 30 MW ground-mount solar project in Khavda, Gujarat. This project is valued at INR 59 crore and is expected to be completed next year.
Additionally, Advait Infratech Ltd has secured another LoI for the EPC of a 1 MW green hydrogen plant in Matar, Gujarat. This project is valued at INR 13.69 crore and is also slated for commissioning next year.
“We are pleased to partner with KP Group of Companies on these important projects and look forward to contributing to India’s renewable energy landscape,” said Shalin Sheth, Founder and Managing Director of Advait Infratech Ltd.
Established in 2009, Advait Infratech Advait expanded into Green Hydrogen Equipment Manufacturing Services & EPC in 2023. Additionally, the focus includes sustainability consultancy, decarbonisation consultancy, and carbon consultancy services, aiming to enhance the market landscape with cost-efficient, eco-friendly solutions.
Last year, Advait Infratech teamed up with KPI Green Energy Ltd to develop a substantial 500-MW solar park in northern India. The collaboration is in partnership with the Government of Uttarakhand and is set to create a significant impact in the region.
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