Bajel Projects Bags ₹400+ Crore Ultra Mega EPC Order from Power Grid: A Game-Changer for Power Infrastructure
Bajel Projects Bags ₹400+ Crore Ultra Mega EPC Order from Power Grid: A Game-Changer for Power Infrastructure
Bajel Projects Ltd. (BAJEL | ₹202.6) has clinched a massive ₹400+ crore Ultra Mega EPC order from Power Grid Corporation of India (PGCIL), solidifying its position as a key player in India’s power infrastructure sector. This high-value contract for developing transmission lines, with a 29-month completion timeline , is set to boost Bajel’s growth trajectory and enhance its reputation in large-scale project execution. Let’s break down the details, sector impact, and what this means for investors and the market. Details of the Order Order Value : Over ₹400 crores, marking one of Bajel’s most significant wins to date. Client : Power Grid Corporation of India, a Maharatna PSU and India’s leading power transmission company. Scope : Engineering, Procurement, and Construction (EPC) for transmission line development, critical for strengthening India’s power grid. Timeline : 29 months, ensuring steady revenue recognition through FY27. Project Type : Ultra Mega, highlighting Bajel’s...
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