Advait Energy Transitions Share Price in Focus; Signs 1 GWh Battery Cell Supply Deal with Hithium

Advait Energy Transitions is strengthening the supply side of its battery storage business through a new agreement with Hithium. Its subsidiary, Advait Battery Ecosystem, has signed a Master Supply Agreement for lithium iron phosphate (LFP) prismatic battery cells.  

The arrangement is linked to Advait's upcoming BESS assembly facility in Gujarat, where the company plans to build a 2.5 GWh annual capacity cell-to-container system. The agreement can cover cell offtake of up to 1 GWh over the next year.  

Hithium To Supply 314 Ah Battery Cells 

Under the agreement, Hithium will supply 314 Ah LFP prismatic cells for Advait's planned battery storage operations. The contractual price is set at $49.5 per kWh for up to 350 MWh, while pricing beyond that will depend on future project orders.  

The Gangad facility in Gujarat is being developed to handle module and pack assembly, container integration and system commissioning. Commercial production is scheduled to begin soon, according to the company.  

Supply Arrangement Supports BESS Expansion 

Bhushan Shahane, Chief Operating Officer of Advait Battery Ecosystem, said a dependable cell supply chain is important as the company scales its planned 2.5 GWh BESS assembly capacity. He added that the company aims to provide cost-optimised storage solutions while maintaining quality, performance and service.  

Advait has also partnered with Adaptive Engineering for areas including EMS architecture, PLC/SCADA and system integration. The Hithium agreement adds battery-cell sourcing to the setup being developed for its BESS operations.  

Agreement Covers Multiple Energy Storage Applications 

The planned facility is intended to serve utility-scale and commercial and industrial energy storage requirements, along with renewable energy integration.  

The company is building the facility as it moves towards volume BESS manufacturing.  

Read More: Puravankara Share Price in Focus; Launches Sixth Phase of Provident Equinox in Bengaluru! 

Advait Energy Transitions Share Price Performance  

As of 18 September 2026, Advait Energy Transitions Limited share price closed at ₹1,998 per share, reflecting a decline of 0.35% from the previous trading session. 

Conclusion 

The Hithium agreement gives Advait a defined cell supply arrangement as it prepares its Gangad BESS facility for production. With up to 1 GWh of cell offtake planned over the next year, the deal forms part of the company's ongoing work to build its battery storage manufacturing setup. 

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