[Ahmedabad, India – September 14, 2023] – Advait Infratech Limited (AIL), a leading energy solutions provider based in Gujarat, India, is thrilled to announce a pivotal milestone in its journey toward sustainable energy solutions. AIL has entered into a Memorandum of Understanding (MOU) with GuoFu Hydrogen Energy Equipment Co., Ltd. (“GuoFu”), a distinguished Chinese manufacturer specializing in hydrogen energy equipment and related products.
The MOU aims to establish a cooperative and mutually supportive relationship between both parties to cater to the present and future requirements of the Indian market for green hydrogen technologies and projects. Under this arrangement, both parties will exchange technology, know-how, and access to each other's products to meet market demands through assembling and manufacturing.
Mr. Shalin Sheth, Managing Director and Founder of Advait Infratech, expressed his enthusiasm about this collaboration, stating, “Our collaboration with GuoFu signifies a strategic alliance that will propel us to the forefront of the renewable energy sector. This partnership is a testament to our commitment to innovation and excellence. By harnessing GuoFu’s expertise in manufacturing, we aim to ensure our customers receive cutting-edge, reliable, and sustainable solutions.”
This partnership will leverage the combined expertise of AIL and GuoFu to promote green hydrogen technologies and projects in India, a critical step in the country’s journey towards sustainable energy. AIL will manufacture and/or assemble products for the Indian market using GuoFu’s technology, strengthening our market presence
and enabling us to offer innovative and sustainable energy solutions to our customers.
About Advait Infratech Limited (AIL)
Advait Infratech Limited is an Ahmedabad-based company that offers robust products and end-to-end solutions for power transmission, substation, and telecommunication infrastructure and is diversifying into green, renewable energy in 2023. The company is listed on the Bombay Stock Exchange and moved to the Main Board recently.
Recently Advait launched Greenergy Private Limited, a subsidiary of Advait Infratech Limited, that deals with making green energy affordable to the Indian market using cutting-edge technology and ensures a smooth transition towards a greener and more sustainable future.
About GuoFu Hydrogen Energy Equipment Co., Ltd.
GuoFu Hydrogen Energy Equipment Co., Ltd. (GuoFu) is a globally renowned Original Equipment Manufacturer (OEM) specializing in Electrolyzers, Fuel Cells, Dispensers, Cylinders, and Storage Tanks. With a strong commitment to technological innovation and product excellence, GuoFu is at the forefront of advancing hydrogen energy solutions worldwide.
