Bajel Projects Secures EPC Order for Transmission Lines from Tata Power

Bajel Projects Ltd has informed BSE Limited and the National Stock Exchange of India Limited about securing a significant EPC order for transmission lines from Tata Power Company Limited. The order pertains to the construction of a 220 kV transmission line on monopoles, including foundation works, for the Kalwa Kalyan Pal project located in Mumbai.

The order is classified as significant under Bajel Projects’ policy, with a value ranging from Rs. 50 Cr to Rs. 100 Cr. The project is domestic in nature and is expected to be completed within a period of 10 months from the date of issuance of the purchase order. The company has confirmed that none of its promoters, promoter group, or group companies have any interest in Tata Power, and the transaction does not qualify as a related party transaction.

The order falls under the ordinary course of business for Bajel Projects, which specializes in engineering, procurement, and construction (EPC) contracts for power transmission line works. The company has requested the stock exchanges to record this information and make it available to the public as part of compliance with the SEBI Listing Regulations.

Tata Power Company Limited is a leading integrated power company in India, focusing on generation, transmission, and distribution of electricity. The company is involved in various projects aimed at enhancing power infrastructure and ensuring reliable power supply across regions.

Bajel Projects Ltd is engaged in providing EPC services for infrastructure projects, with a focus on power transmission lines. The company aims to leverage its expertise in executing complex projects to expand its portfolio and enhance its market presence in the infrastructure sector.