Advait Energy shares climb after signing battery storage deal with Gujarat Urja Vikas Nigam

Business Standard reports that Advait Energy's stock rose after a new agreement. The company's arm signed a battery energy storage pact with Gujarat Urja Vikas Nigam. The deal focuses on deploying battery storage solutions in Gujarat. It aims to enhance grid stability and support renewable integration. The partnership signals growing interest in clean energy infrastructure. Advait Energy positions itself as a key player in the Indian storage market. Analysts view the agreement as a catalyst for the company's expansion. The article notes that further collaborations may follow.