StockWatch
·
Power - Transmission
Award26 Oct 2026, 06:21 pm

Bajel Projects Bags ₹200+ Crore EPC Order for Mumbai Substations

AI Summary

Bajel Projects Limited has secured a Major EPC order worth approximately ₹200+ Crore from The Tata Power Company Limited for the Engineering, Procurement, and Construction (EPC) of 400 kV GIS Substations at Dharavi and Ghatkopar in Mumbai. The project includes associated electrical systems, substation automation, communication infrastructure, Balance of Plant equipment, and civil works. The contract has a duration of 18 months from the Purchase Order issuance. This order strengthens Bajel's order book and reinforces its position in developing critical transmission infrastructure. The transaction is not a related party transaction and none of the promoters have any interest in the awarding entity.

Key Highlights

  • Bajel Projects secured a Major EPC order worth over ₹200 Crore.
  • The order is for 400 kV GIS Substations in Mumbai.
  • Project duration is 18 months.
  • Order strengthens company's order book and market position.
  • Not a related party transaction.