Advait Energy Transitions Ltd (AETL), an infrastructure and renewable energy company headquartered in Ahmedabad, Gujarat, today announced that CRISIL has upgraded the company’s long-term rating to A-/Stable from BBB+/Stable, and short-term rating to A2+. In addition, the total bank loan facilities rated have been enhanced from INR 110 crore to INR 405 crore.
The rating upgrade underscores Advait’s strong operational performance, expanding manufacturing capabilities, and strategic growth across renewable energy, transmission infrastructure, battery energy storage, and green hydrogen.
AETL is building a multi-integrated manufacturing facility in Ahmedabad, Gujarat — designed to consolidate production capabilities across power transmission equipment, renewable energy systems, battery energy storage, and hydrogen technologies under one roof. The facility will significantly strengthen the company’s domestic manufacturing backbone, reduce supply chain dependencies, and position AETL to competitively bid for large-scale, vertically integrated energy transition projects.
Established in 2010, AETL has executed 450+ power transmission, substation, and telecom projects across 45+ countries, backed by in-house manufacturing and EPC expertise. Since its 2023 rebranding, the company has rapidly expanded into renewable energy, BESS, and green hydrogen technologies.
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