Bajel Projects Limited Secures Ultra Mega EPC Order for Transmission Line Works from PowerGrid Corporation of India
Bajel Projects Limited has been awarded an Ultra Mega EPC (Engineering, Procurement, and Construction) contract for a significant transmission line package. The order was placed by PowerGrid Corporation of India Limited (PGCIL), acting through its SPV (M/s WR ER Part A Power Transmission Limited).The project pertains to the construction of 765 kV Transmission Line works under the WR-ER Inter-Regional Network Expansion Scheme-Part A, designated as Transmission Line Package TL05. This package encompasses several key line projects.
Key elements of the awarded contract include:
- Bypassing of Raigarh (Tamnar) - Dharamjaygarh (Sec-B) 765kV D/C line and Raigarh(Kotra) - Raigarh (Tamnar) 765kV D/c line at Raigarh (Tamnar) S/s to form the Raigarh (Kotra) -Dharamjaygarh (Sec-B) 765kV D/c line.
- LILO of Dharamjaygarh (Sec-B) - Jharsuguda (Sec-A) 765kV D/c line at Raigarh (Kotra)-II S/s.
- The construction of the Raigarh (Tamnar)-Raigarh(Kotra)-II S/s 765kV D/c line.
Bajel Projects Limited confirmed that the contract falls within its ordinary course of business and is a domestic EPC Contract for Transmission Line works. The overall project timeline spans 33 Months from the date of issuance of the Notification of Award.
As per the company’s classification, the order has been classified as an Ultra Mega Order due to the scope and scale of the 765 kV Transmission Line construction.
The contract is reported to be free of related party implications, with no interest held by any promoter or promoter group companies in the entity that awarded the order.
BAJEL Stock Price Movement
As of 12:16 PM, shares of Bajel Projects Limited are climbing in live trading, gaining 1.87% and currently trading at ₹192.60. The stock shows strong buyer interest with 455,143 shares traded so far into the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.