Joint Venture10 Mar 2026, 03:18 pm
Bajel Projects, NIIF, and AnantGrid Sign Collaboration Agreement for Power Transmission Sector
AI Summary
Bajel Projects Limited, a leading player in India’s Power EPC sector, has signed a collaboration agreement with National Investment and Infrastructure Fund (NIIF) and Anantgrid Private Limited (Anantgrid). The collaboration aims to participate in opportunities of mutual interest in the power transmission sector in India, focusing on renewable energy integration, grid modernization, and private sector participation. The framework combines NIIF’s investment and asset management capabilities, AnantGrid’s business development and project management capabilities, and Bajel’s engineering and execution expertise.
Key Highlights
- Bajel Projects, NIIF, and AnantGrid sign a collaboration agreement for the power transmission sector in India.
- The collaboration aims to contribute to India’s significant power transmission growth opportunity.
- The framework combines Bajel’s EPC expertise, NIIF’s investment management capabilities, and AnantGrid’s project management acumen.
- The partnership will deliver high-quality, timely, and cost-efficient power transmission projects.
- Avener Capital acted as the sole financial advisor to Bajel for this collaboration.