Bajel Projects Secures Ultra-Mega 500 kV Transmission Contract in MENA

MUMBAI, India – Bajel Projects Ltd, a prominent engineering, procurement, and construction (EPC) firm, has announced the acquisition of two international contracts to construct 500 kV overhead transmission lines in the Middle East and North Africa (MENA) region. The project, classified under the company’s "ultra-mega" category, is valued at over ₹400 crore.

The development, confirmed in a regulatory filing on April 29, 2026, involves the construction of two contiguous sections of high-voltage transmission lines. This infrastructure is a vital component of a national grid reinforcement program aimed at supporting the region's rapidly increasing industrial and economic electricity demands.

Strengthening Global Transmission Infrastructure

The awarded contract represents a significant milestone for Bajel Projects as it deepens its footprint in international power markets. By securing a project at the 500 kV level—a high-voltage standard essential for bulk power transmission—the company has reinforced its position as a specialized EPC partner capable of delivering complex, capital-intensive energy infrastructure.

The project execution is slated for completion within 11 months from the commencement date. According to the company, this initiative is independent of any related party transactions and maintains clear separation from promoter group interests, adhering to standard regulatory transparency requirements.

Strategic Expansion in MENA

Bajel Projects has been systematically expanding its international presence, notably through its existing 50:50 joint venture with the Al Sharif Group in the Kingdom of Saudi Arabia. The company leadership emphasized that this latest win reflects global confidence in its engineering rigour and technical capacity to handle demanding power corridor projects.

"Winning these orders is a defining moment for Bajel Projects," said Rajesh Ganesh, Managing Director and CEO of Bajel Projects. "Being entrusted with a 500 kV transmission corridor in the MENA region reflects the global confidence in our engineering capability, project execution, and ability to deliver complex high-voltage infrastructure in international markets".

Official Sources

• Bajel Projects Limited Regulatory Filing (NSE/BSE): Official notification regarding the "Ultra-Mega" order classification and project scope.

• Bajel Projects Official Press Releases: Company statements regarding international strategy and project execution standards.

Why It Matters

The construction of this 500 kV transmission corridor is critical for the regional power grid. As MENA nations continue to industrialize, the ability to evacuate power efficiently from generation hubs to industrial centers is essential. For investors and industry analysts, this contract win underscores the firm's transition into a high-barrier technical space, improving revenue visibility and confirming the company's competitive edge in overseas EPC markets.

Key Facts at a Glance

• Project Scope: Construction of two contiguous 500 kV overhead transmission line sections.

• Order Value: Classified as "Ultra-Mega," exceeding ₹400 crore.

• Timeline: Approximately 11 months from the commencement date.

• Region: Middle East and North Africa (MENA).

• Objective: Strengthening high-voltage backbone to support industrial and economic load growth.

FAQ

What does "ultra-mega" mean in the context of Bajel Projects?

Under the company's internal disclosure framework, "ultra-mega" refers to EPC contracts valued at ₹400 crore and above.

What is the significance of 500 kV transmission lines?

500 kV lines are high-voltage "superhighways" used to transport bulk electricity over long distances with minimal power loss, which is essential for regional grid stability.

Does this project involve any related-party transactions?

No. The company has explicitly stated in regulatory filings that the promoter or promoter group has no interest in the entity that awarded the contract.