India's Advait Energy gains on unit's battery cell supply pact

Advait Energy Transitions

21/09/2026 07:09

** Shares of India's Advait Energy Transitions ADVR.BO rise as much as 3.6% at 2,075.05 rupees, last up 1.5% 
** Energy transition firm says unit Advait Battery Ecosystem has signed a master supply agreement with HiTHIUM, for supply of lithium iron phosphate (LFP) prismatic battery cells
** Adds agreement covers 314 Ah LFP prismatic cells for Advait's upcoming 2.5 GWh annual capacity battery energy storage system assembly facility
** Co says contractual price is $49.5/kWh for up to 350 MWh; prices for additional volumes to be decided based on future projects 
** Stock up 39.6% YTD



 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))