Bajel Projects Limited, a prominent entity in the Power Transmission and Distribution EPC sector, has announced the acquisition of a significant order for a 765kV AIS Substation Package in Maharashtra. This development underscores Bajel’s growing influence in the 765kV substation category.
The order is part of the “Network Expansion Scheme in Maharashtra for removal of Transmission constraints in Pune Region-I (765/400 kV AIS Pune East),” a crucial grid enhancement initiative aimed at bolstering one of India’s key industrial load centres. The project entails the construction of a new 765/400kV AIS Substation at Pune East, alongside the expansion of existing 400kV substations at Karjat and Lonikand-II in Maharashtra.
Rajesh Ganesh, Managing Director & CEO of Bajel Projects Limited, remarked, “This order win marks a defining moment for Bajel as we strengthen our presence in the 765kV substation segment through a strategically critical project in Pune, one of the country’s most important industrial hubs. The Pune East 765/400kV substation, together with the augmentation of Karjat and Lonikand-II, will play a pivotal role in removing transmission constraints in the Pune Region and strengthening Maharashtra’s grid.”
This order further enriches Bajel’s 765kV substation portfolio and highlights the company’s consistent track record in executing high-voltage transmission infrastructure projects of national significance.
The order was placed by PowerGrid Corporation of India Limited on behalf of their SPV, M/s. NES Pune East New Transmission Limited. The contract is a domestic EPC agreement for substation works, expected to be completed within 21 months from the issuance of the Notification of Award.
Bajel Projects Limited is a leading company in power infrastructure, with a robust presence in Power Transmission and Power Distribution sectors. Formerly part of Bajaj Electricals Limited, Bajel is known for its project management skills and operational excellence, making it a preferred partner for various utilities and private infrastructure players.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).