Bajel Projects shares rose 5% after securing a significant EPC contract from Adani Energy Solutions Limited (AESL).
Key Highlights of the Contract
- Awarding Entity: Adani Energy Solutions Limited (AESL), a leader in India’s energy sector.
- Project Scope: Construction of a 400kV Double Circuit (D/C) Transmission Line spanning 217 km between Raipur and Tiroda.
- Specifications: The line will utilize Quad ACSR Moose conductors, ensuring high efficiency and reliability.
- Timeline: The project is slated for completion within 18 months of the Letter of Award.
Bajel Projects witnessed an impressive trading day, opening at ₹241.00 and reaching a high of ₹242.05, with a low of ₹240.00. The stock’s previous close was ₹229.75, marking a notable rise. Over the past year, Bajel Projects has ranged between ₹155.00 and ₹330.00.
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