Deals21 Aug 2026, 10:48 am
Bajel Associate Wins ₹1,200 Cr Transmission Project
AI Summary
AnantGrid Projects One Private Limited, an associate of Bajel Projects (26% owned), has been declared the successful bidder for the Lakadia – Part A Inter-State Transmission Project. The project, awarded by PFC Consulting Limited, involves constructing approximately 270 Km of 765 KV double-circuit transmission lines in Gujarat. This win follows an e-reverse auction and is part of a broader collaboration between Bajel, NIIF, and AnantGrid to pursue power transmission opportunities in India, supporting the nation's renewable energy targets.
Key Highlights
- Associate AnantGrid Projects declared successful bidder for transmission project.
- Project involves 270 Km of 765 KV transmission lines in Gujarat.
- Awarded via TBCB route after e-reverse auction.
- Part of Bajel-NIIF-AnantGrid collaboration for power transmission.
- Supports India's renewable energy capacity targets.
Price Impact
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