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Company News Details

Power Grid Corporation of India Ltd
Industry :  Power Generation And Supply
BSE Code
ISIN Demat
Book Value()
532898
INE752E01010
99.1501795
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
POWERGRID
18.09
277716.03
EPS(TTM)
Face Value()
Div & Yield %
16.51
10
3.01
 

Power Grid Corporation of India Ltd
Bajel Projects wins new order from Power Grid
Jul 03,2025

Bajel Projects has secured a new order from PowerGrid Corporation of India (PGCIL). The new order falls within the Mega band*(Rs. 300 crore and above.) This 'Mega order' highlights Bajel Projects' robust capabilities and continued contribution to strengthening India's national power grid.

The order pertains to the Transmission Line Package TL04 for the Siwani-Jind (PG) 400kV D/C (Quad) Transmission Line, which is associated with the Transmission System of REZ Ph -IV (Part 3: 6GW) (Bikaner Complex): Part B. The project was awarded to POWERGRID under the Tariff Based Competitive Bidding (TBCB) route. The scope of work for Bajel Projects includes the construction of a new 400kV Transmission Line spanning approximately 99 kilometers. The project is slated for completion within an 18-month timeframe. The order has been placed by PGCIL on behalf of their Special Purpose Vehicle (SPV), M/s “POWERGRID Siwani Transmission (erstwhile Bikaner B Power Transmission) (PSTL).

Commenting on this significant achievement, Mr. Rajesh Ganesh, MD and CEO of Bajel Projects Limited, stated, “We are proud to contribute to the nation's green energy initiatives by strengthening the transmission system for the REZ Ph-IV, Bikaner Complex. This project reflects our commitment to delivering high-quality, timely, and efficient solutions that power India's growth.'

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