Bajel Projects Bags Mega Transmission Line Order from Power Grid Corporation
Bajel Projects Limited has announced that it has received a Mega EPC order for transmission line works from Power Grid Corporation of India Limited (PGCIL).
The company disclosed the order on August 8, 2026, under Regulation 30 of the SEBI Listing Regulations. The project is being awarded by PGCIL on behalf of its special purpose vehicle (SPV), WR ER Part A Power Transmission Limited.
Bajel Projects Wins Mega Transmission Order
According to the company, the order relates to Transmission Line Package TL06 under the WR-ER Inter-Regional Network Expansion Scheme – Part A.
The project involves the construction of a 400 kV transmission line connecting the new Jamshedpur substation with sections towards Ranchi and New PPSP.
The key components include:
- Jamshedpur (New) to LILO section towards Ranchi (New) – 400 kV Double Circuit (D/C), Twin Moose conductor
- Jamshedpur (New) to LILO section towards New PPSP – 400 kV D/C, Twin HTLS conductor
- Transmission line works associated with the WR-ER Inter-Regional Network Expansion Scheme – Part A
- Project awarded through the Tariff Based Competitive Bidding (TBCB) route
The contract is classified as a Mega Order under Bajel Projects’ internal order classification system.
Order Execution Period: 27 Months
Bajel Projects will have 27 months to complete the project from the date of issuance of the Notification of Award (NOA).
The contract covers EPC works related to the construction of the 400 kV transmission line and associated transmission infrastructure.
The project is a domestic order and falls within the company’s ordinary course of business.
What Is the Size of the Order?
The company has classified the contract as a Mega Order.
As per Bajel Projects’ order classification policy, orders are categorized based on their value, including GST:
| Order Category | Order Value |
|---|---|
| Significant Order | ₹50 crore to ₹100 crore |
| Large Order | ₹100 crore to ₹200 crore |
| Major Order | ₹200 crore to ₹300 crore |
| Mega Order | ₹300 crore to ₹400 crore |
| Ultra-Mega Order | ₹400 crore and above |
While the company has disclosed the classification as a Mega Order, the announcement does not state the exact contract value.
Why This Order Matters for Bajel Projects
The latest order strengthens Bajel Projects’ presence in India’s transmission infrastructure segment.
India is investing heavily in its power transmission network to support rising electricity demand, renewable energy integration and the development of new generation capacity. Large transmission projects are particularly important for moving electricity efficiently across regions.
The WR-ER Inter-Regional Network Expansion Scheme is aimed at strengthening the transmission network between the Western Region and Eastern Region.
For Bajel Projects, winning an order from PGCIL provides an opportunity to participate in a strategically important transmission infrastructure project.
Key Details of the Bajel Projects Order
| Particular | Details |
| Company | Bajel Projects Limited |
| Order Awarded By | Power Grid Corporation of India Limited (PGCIL) |
| SPV | WR ER Part A Power Transmission Limited |
| Order Type | EPC Transmission Line |
| Project | Transmission Line Package TL06 |
| Voltage | 400 kV |
| Transmission System | Double Circuit |
| Project Route | Jamshedpur (New) towards Ranchi (New) and New PPSP |
| Conductor | Twin Moose / Twin HTLS |
| Execution Period | 27 months |
| Classification | Mega Order |
| Nature | Domestic |
| Award Route | Tariff Based Competitive Bidding |
| Related Party Transaction | No |
No Promoter or Related Party Interest
Bajel Projects clarified that neither the promoter/promoter group nor its group companies have any interest in the entity awarding the contract.
The company also confirmed that the contract does not fall under related party transactions.
This means the order is being treated as a regular business contract with no disclosed related-party involvement.
Bajel Projects’ Transmission Business Gets Another Boost
The order highlights the company’s continued participation in India’s growing power transmission and EPC market.
With a 27-month execution period, the project could provide a meaningful addition to the company’s order book and future revenue visibility. Investors will, however, need to track the company’s subsequent disclosures regarding order value, execution progress and revenue recognition.
What Investors Should Watch
For investors tracking Bajel Projects, some of the key factors to monitor following this announcement include:
1. Order book growth:
The new Mega Order should contribute to the company’s overall order pipeline and execution visibility.
2. Execution pace:
The project has a 27-month completion period, making timely execution important for revenue and margin performance.
3. Transmission capex:
Continued investment in India’s transmission network could create additional opportunities for EPC companies.
4. Margins:
Winning large EPC contracts is positive, but profitability will depend on project execution, input costs and working-capital requirements.
5. Further order wins:
Additional transmission and power infrastructure orders could strengthen the company’s growth outlook.
Bottom Line
Bajel Projects has secured a Mega EPC transmission line order from Power Grid Corporation of India, covering the construction of a 400 kV double-circuit transmission system connecting the new Jamshedpur substation towards Ranchi and New PPSP.
The project will be executed over 27 months and forms part of the WR-ER Inter-Regional Network Expansion Scheme – Part A.
For Bajel Projects, the order is a positive development as it adds to its transmission infrastructure pipeline and reinforces its participation in India’s expanding power transmission market. Investors should now focus on the company’s order-book growth, execution progress and margins to assess the longer-term financial impact.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.