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Home » News » Advait Infratech inks pact for fuel cell and electrolyser manufacturing

Advait Infratech inks pact for fuel cell and electrolyser manufacturing

January 4, 2024 6:19 pm

Advait Infratech inks pact for fuel cell and electrolyser manufacturing
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As a leading player in the renewable energy sector, the firm has taken a monumental step towards a sustainable future by signing an MoU during the Vibrant Gujarat Global Summit 2024.

Advait Infratech, a leading player in the renewable energy sector, has taken a monumental step towards a sustainable future by signing an MoU during the Vibrant Gujarat Global Summit 2024. The ceremony, held at Gandhinagar, Gujarat, witnessed the exchange of MoUs amounting to a staggering 7 Lakh Crores on January 3, 2024.

At the heart of this groundbreaking agreement is the commitment to the manufacturing and assembly of Fuel Cell and Electrolysers at Kadi, Mehsana, Gujarat, marking a significant milestone in the state’s pursuit of green and renewable energy sources. Shalin Sheth, the Director of Advait Infratech, formally signed the MoU, with Rutvi Sheth, the Director of Communications And Public Relations, gracing the occasion.

The MoU signing ceremony was attended by the key management personnel of Advait Infratech, highlighting the strategic importance of this collaboration. The Chief Minister of Gujarat Mr. Bhuperdrabhai Patel, Home Minister of Gujarat Mr. Harsh Sanghavi, and Minister of MSME were also present, emphasising the government’s commitment to fostering innovation and sustainable practices in the state.

The Vibrant Gujarat Summit has been a catalyst for economic growth and development for the past two decades, and this year’s summit reaffirms its status as a trailblazer and trendsetter. It has consistently demonstrated that thinking big is the first step towards making a substantial impact. Across 17 series, a total of 234 MoUs were signed, projecting investments surpassing Rs 10,31,250 crore. Spanning diverse sectors, these investments are anticipated to generate over 12,89,078 employment opportunities. Gujarat has solidified its position as a favoured investment destination for both domestic and international investors.

Advait Infratech’s move into the manufacturing and assembly of Fuel Cell and Electrolysers aligns seamlessly with the summit’s key focus on green and renewable energy. The company’s commitment to sustainable practices reflects its dedication to building a cleaner and greener future.

Government of Gujarat would facilitate Advait Infratech Limited to obtain necessary permissions / registrations / approvals /clearances etc. from the concerned departments of the State, as per the existing policies / rules and regulations of the State Government.

Shalin Sheth, Director of Advait Infratech, expressed his enthusiasm about the collaboration, stating, “This MoU signifies a crucial step towards realizing our vision of a sustainable and self-reliant India. Advait Infratech is committed to pioneering innovations in the renewable energy sector, and our partnership at the Vibrant Gujarat Summit 2024 is a testament to our dedication to green and clean energy solutions.

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