Bajel Projects Wins Rs 17 bn Orders, Including Largest-Ever Contract
POWER & RENEWABLE ENERGY

Bajel Projects Wins Rs 17 bn Orders, Including Largest-Ever Contract

Bajel Projects has secured two engineering, procurement and construction (EPC) contracts worth approximately Rs. 17 bn, including its largest-ever order, a Rs. 15 bn transmission project in Gujarat. The company said the orders would strengthen its position in high-voltage transmission and substation infrastructure.

The larger contract was awarded by Lakadia A Power Transmission, a special-purpose vehicle owned 26 per cent by Bajel Projects and 74 per cent by the National Investment and Infrastructure Fund through AnantGrid Projects One. The project involves constructing approximately 270 km of 765 kV double-circuit transmission lines between Halvad and Vadodara, alongside additional work at substations in Halvad, Vadodara and South Olpad.

The contract value includes Goods and Services Tax (GST), and the project forms part of a transmission system intended to evacuate nearly 14 GW of renewable power from Gujarat’s Lakadia, Jam Khambhaliya and Jamnagar regions. Bajel is scheduled to execute the project over 36 months from the purchase order.

The company also received an EPC contract worth more than Rs. 2 bn from Tata Power for 400 kV gas-insulated substation infrastructure at Dharavi and Ghatkopar in Mumbai. The scope includes receiving substations, electrical systems, substation automation, communication infrastructure, balance-of-plant equipment and civil works, with execution planned over 18 months.

Bajel classified the Gujarat award as an ultra-mega order and the Mumbai contract as a major order under its internal policy, based on values including GST. The Gujarat transaction is a related-party transaction because of the ownership link with the project vehicle, but Bajel said it was conducted at arm’s length after prior shareholder approval. The Tata Power contract is not a related-party transaction.

Bajel Projects has secured two engineering, procurement and construction (EPC) contracts worth approximately Rs. 17 bn, including its largest-ever order, a Rs. 15 bn transmission project in Gujarat. The company said the orders would strengthen its position in high-voltage transmission and substation infrastructure. The larger contract was awarded by Lakadia A Power Transmission, a special-purpose vehicle owned 26 per cent by Bajel Projects and 74 per cent by the National Investment and Infrastructure Fund through AnantGrid Projects One. The project involves constructing approximately 270 km of 765 kV double-circuit transmission lines between Halvad and Vadodara, alongside additional work at substations in Halvad, Vadodara and South Olpad. The contract value includes Goods and Services Tax (GST), and the project forms part of a transmission system intended to evacuate nearly 14 GW of renewable power from Gujarat’s Lakadia, Jam Khambhaliya and Jamnagar regions. Bajel is scheduled to execute the project over 36 months from the purchase order. The company also received an EPC contract worth more than Rs. 2 bn from Tata Power for 400 kV gas-insulated substation infrastructure at Dharavi and Ghatkopar in Mumbai. The scope includes receiving substations, electrical systems, substation automation, communication infrastructure, balance-of-plant equipment and civil works, with execution planned over 18 months. Bajel classified the Gujarat award as an ultra-mega order and the Mumbai contract as a major order under its internal policy, based on values including GST. The Gujarat transaction is a related-party transaction because of the ownership link with the project vehicle, but Bajel said it was conducted at arm’s length after prior shareholder approval. The Tata Power contract is not a related-party transaction.

Related Stories

Gold Stories

Next Story
Equipment

BorgWarner secures three turbocharger contracts with global powertrain leader

BorgWarner has secured three new turbocharger contracts with a global powertrain technology company. The wins comprise one contract for its variable turbine geometry (VTG) turbocharger and two for its wastegate turbocharger. The technologies will be deployed in the customer's light-vehicle gasoline platforms in South America and Europe, with production scheduled to begin in 2027.The VTG turbochargers are designed for gasoline engines operating under demanding conditions and high-boost pressure requirements. They are engineered to support Miller-cycle engines and withstand exhaust temperatures ..

Next Story
Infrastructure Transport

International Digi Yatra Trials Begin at Seven Airports

India has begun trials of Digi Yatra for international passengers at seven airports, allowing eligible Indian passport holders to use facial recognition at selected airport checkpoints. The facility is currently limited to Indian nationals with e-passports travelling on selected international flights operated by Air India and IndiGo. The Civil Aviation Ministry announced the trials on 1 November, with testing scheduled through December 2026. A wider rollout is expected in 2027 after the ministry assesses passenger feedback gathered during the trial period, according to PTI. The system is inten..

Next Story
Infrastructure Transport

Air India Plans More Wide-Body Jets, CEO Signals Profitability Soon

Air India is seeking to expand its order for wide-body aircraft as it works to increase international passenger traffic, chief executive Tewolde Gebremariam said on Tuesday. The Tata Group-owned carrier is also targeting a return to profitability in the near term, as its turnaround programme addresses fleet, network and service challenges. The comments came months after Gebremariam took charge of the airline. Gebremariam, who previously led Ethiopian Airlines, said the airline wanted more wide-body aircraft. Air India has held discussions with Boeing and Airbus while assessing the economics of..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code