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Advait group signs landmark 1 GWh cell supply agreement with HiTHIUM

Advait Battery Ecosystem Pvt. Ltd (Advait Group), a subsidiary company of, Advait Energy Transitions Ltd 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.

At 2.24 pm, Advait Energy Transitions Ltd was trading at Rs. 1,867.15, down by 2.04%, with a volume of 4505 shares on the BSE.