Advait Energy Signs Cell Supply Deal With HiTHIUM; Shares Fall 1.79%

Mumbai, September 28: Advait Energy Transitions has entered into a Master Supply Agreement with HiTHIUM for the purchase of lithium iron phosphate (LFP) prismatic battery cells, covering cell supply of up to 1 GWh over the next year.

Advait Energy Signs 1 GWh Battery Cell Supply Agreement

According to the company’s exchange filing, the agreement was executed on September 18, 2026, with HiTHIUM, a global energy storage manufacturer and BloombergNEF Tier 1 supplier. Under the arrangement, HiTHIUM will supply 314 Ah LFP prismatic battery cells to Advait Battery Ecosystems Private Limited.

The agreement is structured to support cell offtake of up to 1 GWh over the next year. The supply will be used for Advait’s upcoming cell-to-container Battery Energy Storage System (BESS) assembly facility.

The arrangement is linked to Advait’s planned 2.5 GWh annual-capacity BESS assembly facility, which is being developed for utility-scale, commercial and industrial energy storage as well as renewable energy integration applications.

Stock Market Snapshot

The Advait Energy share price stood at ₹1,871.80 as of 2:28:37 PM IST on September 28, 2026, down ₹34.20 or 1.79% from the previous close.

The stock traded lower during the session, while the company disclosed its battery cell supply arrangement with HiTHIUM. The announcement comes as Advait continues to build out its domestic BESS manufacturing and supply-chain capabilities.

HiTHIUM Deal Supports Advait’s BESS Manufacturing Plans

The company said the cell supply arrangement is intended to support the planned scale-up of its domestic BESS assembly operations. Advait’s facility is being developed with capabilities spanning cell sourcing, module and pack assembly, container integration and system commissioning.

The company said the HiTHIUM agreement will provide a structured supply framework as the facility moves towards commercial production. The upcoming assembly capacity is aimed at applications across utility-scale energy storage, commercial and industrial users, and renewable energy integration.

HiTHIUM will supply 314 Ah LFP prismatic cells under the agreement. The company is described in the release as a BloombergNEF Tier 1 global energy storage manufacturer supplying battery cells and energy storage systems across international markets.

Advait Energy Expands Domestic Energy Storage Business

Advait Energy Transitions is developing an integrated energy storage platform around its planned BESS manufacturing capabilities. The company is also building capabilities across battery module and pack assembly, container integration and related system commissioning.

Its broader energy transition portfolio includes power transmission infrastructure, renewable energy, green hydrogen, electrolyser manufacturing, fuel cell manufacturing and clean energy EPC activities.

About Advait Energy Transitions

Advait Energy Transitions Limited, formerly known as Advait Infratech Limited, is an energy transition and infrastructure company based in Ahmedabad, Gujarat. The company operates across power transmission, renewable energy, BESS and other clean energy technologies.

Its business portfolio includes battery energy storage manufacturing, green hydrogen projects, electrolyser manufacturing, fuel cells and clean energy infrastructure solutions.

Conclusion

The 1 GWh supply agreement with HiTHIUM gives Advait a defined cell supply framework for the next stage of its BESS manufacturing plans. The arrangement supports the company’s broader objective of developing domestic energy storage capabilities around its planned 2.5 GWh annual-capacity facility.

The Advait Energy share price stood at ₹1,871.80 as of 2:28:37 PM IST on September 28, 2026, down ₹34.20 or 1.79% from the previous close.

Source:

• https://www.nseindia.com/get-quote/equity/ADVAIT/Advait-Energy-Transitions-Limited
• https://nsearchives.nseindia.com/corporate/ADVAITENERGY_28092026141104_SE_intimation__MSA_with_Hithium_revisednew2809_s.pdf