Advait Infratech Limited is pleased to announce that its wholly owned subsidiary, Advait Energy Holdings AS, has made a further investment in Norwegian clean-tech company TECO 2030 AS. With this second tranche, Advait Energy Holdings AS stake now stands at 4.89% of TECO 2030 AS shares.
This investment is based on the strategic MoU signed between the two companies on April 11, 2024. The collaboration aims to harness their combined expertise to advance clean energy solutions, focusing on the development, manufacturing, and commercialization of TECO 2030’s fuel cell technology in the Indian and SRAAC markets.
This initiative aligns with Advait Infratech’s commitment to fostering sustainable technologies and enhancing green energy partnerships.
