Bajel Projects Signs JV With Al Sharif In Saudi Arabia For EPC Business

Bajel Projects Limited has announced the signing of a joint venture agreement with Al Sharif Group in Saudi Arabia, marking a significant milestone in its global expansion strategy. The JV will operate in the EPC segment, specifically targeting transmission lines, substations, and underground cabling projects.  

The collaboration is expected to leverage Bajel’s expertise in infrastructure development and Al Sharif’s strong regional presence, creating a powerful synergy to deliver large-scale projects in the Middle East. Both companies will hold stakes in the JV, ensuring shared responsibility and mutual growth.  

Key highlights from the announcement include 

• Bajel Projects executes JV agreement with Al Sharif in Saudi Arabia  
• Both parties to hold stakes in the joint venture  
• JV to focus on EPC projects for transmission lines, substations, and underground cabling  
• Strengthens Bajel’s international footprint in the Middle East  
• Strategic collaboration to enhance infrastructure development and execution capabilities  

Industry experts note that the partnership reflects Bajel’s ambition to expand beyond India and tap into high-growth infrastructure markets abroad. With Saudi Arabia investing heavily in modernizing its power and transmission networks, the JV is expected to play a crucial role in supporting the region’s energy infrastructure goals.  

Sources: Reuters, Economic Times, Business Standard