NSEUpdates28 Sept 2026 · 28 Sept 2026, 02:11 pm
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Advait Energy Transitions Limited · ADVAIT
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Advait Energy Transitions Limited has entered into a Master Supply Agreement with Hithium for the purchase of lithium iron phosphate (LFP) prismatic battery cells, supporting the company's 2.5 GWh annual-capacity BESS assembly facility.
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Full Announcement
Advait Energy Transitions Limited has informed the Exchange regarding 'Master supply Agreement executed between Advait battery ecosystems Pvt Ltd and Hithium'.
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Date: September 28, 2026
To, To,
General Manager The Manager
Department of Corporate Services Listing Compliance Department
BSE Limited National Stock Exchange of India Limited
Listing Department Exchange Plaza, Plot No. C/1,
Phiroze Jeejeeboy Tower, Dalal Street, G Block, Bandra - Kurla Complex,
Fort Mumbai-400 001 Bandra (East), Mumbai 400 051
Scrip code: 543230 Symbol: ADVAIT
Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
– Master Supply Agreement (“MSA”) executed between Advait Battery Ecosystems Private Limited
and Hithium
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we hereby inform you that ABEPL has entered into a Master Supply Agreement (“MSA”) with
Hithium, a global energy storage manufacturer and BloombergNEF Tier 1 supplier, for the purchase of
lithium iron phosphate (LFP) prismatic battery cells.
The MSA was executed on September 18, 2026 and is structured to support the cell offtake of up to 1
GWh over the next year. Under the arrangement, Hithium will supply 314 Ah LFP prismatic battery
cells to ABEPL for its upcoming cell-to-container Battery Energy Storage System (BESS) assembly
facility.
The agreement provides a framework for cell supply to support ABEPL’s planned 2.5 GWh annual-
capacity BESS assembly facility, which is being developed to cater to utility-scale, commercial and
industrial energy storage and renewable energy integration applications. The arrangement is intended
to strengthen the Company’s domestic BESS manufacturing and supply-chain capabilities.
We request you to kindly take the same on record.
Thanking you.
Yours faithfully,
For Advait Energy Transitions Limited
(Formerly known as Advait Infratech Limited)
Deepa Fernandes
Company Secretary & Compliance Officer
FCS 13015
FOR IMMEDIATE RELEASE
Advait Group Signs Landmark 1 GWh
Cell Supply Agreement with
HiTHIUM
This Master Supply Agreement establishes a BloombergNEF Tier 1 partner as Advait strengthens
domestic sourcing for utility-scale, commercial and industrial energy storage as for the Advait
Gangad manufacturing unit
Ahmedabad, India, September 18, 2026: Advait Battery Ecosystem Private Limited (“Advait
Group”), a subsidiary company of BSE and NSE-listed parent company, Advait Energy
Transitions Limited, announced that it has entered into a Master Supply Agreement (MSA) with
HiTHIUM, a BloombergNEF Tier 1 global energy storage manufacturer, for the supply of lithium iron
phosphate (LFP) prismatic battery cells.
The agreement anchors cell supply for Advait’s upcoming 2.5 GWh annual capacity cell-to-container
Battery Energy Storage System (BESS) assembly facility and is structured to support cell offtake of up to 1
GWh over the next year, establishing a dependable, high-volume supply chain as Advait scales domestic
BESS assembly for grid-scale and commercial and industrial energy storage applications across India.
Under the agreement, HiTHIUM will supply its 314 Ah LFP prismatic cells to Advait, bringing one of the
most widely deployed cell platforms in global energy storage into Advait’s domestic manufacturing
ecosystem as the company builds capabilities spanning module and pack assembly, container integration
and system commissioning.
Commenting on the agreement, Bhushan Shahane, Chief Operating Officer, Advait Battery Ecosystem
Private Limited, said:
“This partnership with Hithium reflects our belief in partnering with the best: the best cell
technology, the best quality and the best service available in the market today. As we scale
our 2.5 GWh BESS assembly capacity, a dependable, world-class cell supply chain is
central to our ability to deliver cost-optimised, high-performance energy storage solutions
to customers across India.”
Hithium is recognised as a BloombergNEF Tier 1 global energy storage manufacturer and is
among the leading energy storage battery cell manufacturers globally. The company supplies
battery cells and energy storage systems for utility-scale, commercial and industrial, and
residential applications across international markets.
The agreement establishes Hithium as a key cell supply partner for Advait as the company builds
its domestic BESS manufacturing capacity. The cell supply arrangement is expected to provide
Advait with access to high-volume LFP cells as its facility progresses towards commercial
production.
“We partnered with Hithium because they represent the gold standard in cell
manufacturing: proven quality, consistent performance and a track record with some of the
world’s most demanding energy storage developers. Bringing that standard into our supply
chain lets us offer the Indian market a cost-optimised solution without compromising on
quality, performance or service,” Mr. Shahane added.
Strengthening India’s Domestic Energy Storage Manufacturing Base
Advait’s 2.5 GWh BESS cell-to-container assembly line, currently under development, is central
to the company’s strategy of building an integrated, India-based battery energy storage
manufacturing ecosystem. The planned capabilities span cell sourcing, module and pack
assembly, container integration and system commissioning, providing an integrated
manufacturing framework for BESS applications.
The Hithium agreement provides a cell supply framework as Advait prepares to scale production
at the facility. With an offtake structure of up to 1 GWh over the next year, the agreement aligns
cell sourcing with the planned ramp-up of Advait’s domestic assembly capabilities.
Advait’s collaboration with Hithium also builds on the company’s broader strategy of developing
an integrated BESS supply chain through specialised technology partnerships. Advait Battery
Ecosystem has already entered into a strategic collaboration with Adaptive Engineering for
engineering design, Energy Management System (EMS) architecture, PLC/SCADA and system
integration capabilities. With Hithium now strengthening the critical cell supply side, Advait is
advancing this partnership-led ecosystem to the next level, bringing together cell sourcing, EMS
and engineering expertise, module and pack assembly, container integration and system
commissioning under its growing domestic BESS manufacturing platform.
The facility, in Gangad, Gujarat, is scheduled to begin commercial production soon. It is being
developed to serve utility-scale, commercial and industrial, and renewable integration
applications as Advait expands from project-level BESS deployment towards volume
manufacturing.
Advait Energy Transitions Limited, the group’s listed parent company, is a Gujarat-based new &
renewable energy & power company with an active portfolio spanning battery energy storage
manufacturing, green hydrogen project development, electrolyser manufacturing, fuel cell
manufacturing and clean energy EPC. The Hithium agreement supports the group’s broader
expansion across energy transition technologies and infrastructure.
About Advait Energy Transitions Limited
Advait Energy Transitions Limited (AETL), formerly Advait Infratech Limited, is a publicly listed energy
transition and infrastructure company headquartered in Ahmedabad, Gujarat, and listed on the National
Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The company operates across power
transmission infrastructure, renewable energy, Battery Energy Storage Systems (BESS), green hydrogen
and clean energy technologies, with capabilities spanning EPC execution, manufacturing and advanced
energy infrastructure solutions. Further information is available at www.advaitgroup.co.in.
About HiTHIUM
HiTHIUM is a global energy storage manufacturer recognised as a BloombergNEF Tier 1 supplier,
developing and producing LFP battery cells and energy storage systems for utility-scale, commercial and
industrial, and residential applications across international markets.
Media contact
Rutvi Sheth Kundalia
Head, Investor Relations & Public Relations, Advait
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