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Bajel Projects announced that it has bagged an order for the Bellary-Davanagere transmission line Package TL01 comprising 2nd 400kV (Quad) D/c transmission line. According to the company`s project classification, the value of the order ranges between Rs 200 crore to Rs 300 crore. The order forms part of the larger transmission system strengthening initiative for the integration of additional renewable energy potential of 0.25 GW at Davanagere and 2.75 GW at Bellary � a critical link in evacuating renewable power into the national grid. The project involves construction of a ~70 kms 400kV (Quad) D/c transmission line connecting Bellary Substation to Davanagere Substation.

Bajel Projects announced that it has bagged an order for the 765kV AIS New Substation Package in Maharashtra which reinforces Bajel`s credentials into the 765kV substation class. According to the company`s project classification, the value of the order ranges between Rs 200 crore to Rs 300 crore. The order forms part of the Network Expansion Scheme in Maharashtra for removal of Transmission constraints in Pune Region-I (765/400 kV AIS Pune East) � a critical grid reinforcement initiative aimed at strengthening one of India`s most industrially significant load centres. The project involves the establishment of a new 765/400kV AIS Substation at Pune East, along with the extension of the existing 400kV Karjat (AIS) and 400kV Lonikand-II (AIS) Substations in Maharashtra.

Bajel Projects has secured two international orders falling cumulatively in the ultra-mega band. The combined order value falls under the ultra-mega category (Rs 400+ Crores), covering the construction of two contiguous sections of the 500 kV overhead transmission lines. The project is part of a flagship national grid reinforcement programme aimed at strengthening the high-voltage backbone in the Middle East and North Africa (MENA) region and enabling reliable power evacuation to support growing economic and industrial demand.

Bajel Projects has allotted 10,625 equity shares under ESOP on 17 March 2026. Post this allotment, the issued, subscribed and paid-up capital of the Company shall comprise of 11,56,96,935 equity shares of Rs. 2 each fully paid-up amounting to Rs. 23,13,93,870/-.Powered by Capital Market - Live News

Bajel Projects announced the signing of a collaboration agreement with National Investment and Infrastructure Fund (NIIF), a sovereign-linked alternative asset manager anchored by the Government of India and AnantGrid, a power transmission developer promoted by NIIF. The collaboration agreement proposes to participate in the opportunities of mutual interest in the power transmission sector in India, emanating from the Government of India`s focus on renewable energy integration, grid modernization, and private sector participation. The framework aims to deliver high-quality and cost-efficient power transmission projects on time in India by combining: NIIF`s investment and asset management capabilities AnantGrid`s business development and project management capabilities, and Bajel`s engineering and execution expertise.Powered by Capital Market - Live News