Advait Infratech’s arm makes further investment in TECO 2030 AS

23 Sep 2024 Evaluate

Advait Infratech’s wholly owned subsidiary -- Advait Energy Holdings AS has made further investment in TECO 2030 AS. TECO 2030, a Norwegian-based clean-tech listed Company. Post this 2nd tranche of investment, Advait Energy Holding AS holds 4.89% shares of TECO 2030 AS. This investment is part of a strategic initiative to establish a business relationship with the TECO 2030 ASA in line with the MOU made by the Company as intimate to the exchange on April 11, 2024 which aimed at the collaboration of both parties to leverage their respective strengths to contribute towards the advancement of clean energy solutions by develop, manufacture, and commercialize TECO 2030 Fuel Cell Technology in Indian as well as SRAAC Market.  

Advait Infratech is into business of providing products and solutions for power transmission, power substation and telecommunication infrastructure fields. 

Advait Infratech Share Price

1452.15 -76.40 (-5.00%)
22-Nov-2024 16:59 View Price Chart
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