Business Update13 May 2026, 06:21 pm
Bajel Projects Bags Major 765kV Substation Order in Maharashtra
AI Summary
Bajel Projects Limited, a Bajaj Group company, has secured a Major EPC order for a 765kV AIS New Substation Package in Maharashtra from PowerGrid Corporation of India Limited (PGCIL) on behalf of their SPV (M/s. NES Pune East New Transmission Limited). The project involves establishing a new 765/400kV AIS Substation at Pune East and extending existing substations at Karjat and Lonikand-II. The order is part of a grid reinforcement initiative to strengthen the Pune region's transmission infrastructure and is expected to be completed within 21 months.
Key Highlights
- Bajel Projects secures a major EPC order for a 765kV AIS substation in Maharashtra.
- The project aims to remove transmission constraints in the Pune region.
- The order reinforces Bajel's presence in the 765kV substation segment.
- The project is expected to be completed in 21 months.
- The order does not involve any related party transactions.