Bajel Projects Secures Major EPC Orders For Transmission Expansion

Bajel Projects Ltd announced a series of large EPC contract wins, marking a milestone in its transmission business. These projects highlight the company’s growing role in India’s energy infrastructure, particularly in supporting renewable energy evacuation and strengthening the national grid.  

Maharashtra Transmission Order  
The company secured a ₹700 crore EPC order from MSETCL to establish a 400/220 kV air-insulated switchgear substation at Saswad in Pune district, along with associated transmission lines. This is Bajel’s largest single transmission contract to date, with execution expected within 23 months.  

PGCIL Transmission Line Projects  
Bajel also won contracts from PGCIL, including a ₹400 crore EPC order for constructing a 765kV double-circuit transmission line in Andhra Pradesh. These projects are part of India’s broader push to expand high-voltage transmission capacity and integrate renewable energy zones.  

Project Highlights  

• ₹700 crore EPC order from MSETCL for substation and transmission lines  
• ₹400 crore EPC order from PGCIL for 765kV transmission line  
• Execution timelines set at 23 months for major projects  
• Strengthens Bajel’s role in renewable energy evacuation and national grid expansion  
• Stock price surged over 13% post-announcement  

Future Outlook  
With these contract wins, Bajel Projects is expected to accelerate growth in India’s transmission sector. The company’s focus on high-voltage infrastructure and renewable energy integration positions it for sustained expansion in line with national energy priorities.  

Sources: Business Standard, CNBC TV18, Moneycontrol, T&D India, Mercom India