Title: Bajel Projects Filed Eight Order Announcements Between June 3 and October 26, 2026 — Including a ₹1,500 Crore Single Order
Bajel Projects Limited (NSE: BAJEL; BSE: 544042) filed an announcement on October 26, 2026 confirming it had been awarded a major EPC order by The
Bajel Projects Limited (NSE: BAJEL; BSE: 544042) filed an announcement on October 26, 2026 confirming it had been awarded a major EPC order by The
The filing evidence
| Date | What the filing said | Detail | Source |
|---|---|---|---|
| 3 Jun 2026 | Bajel Projects bags mega EPC order for 400/220/33 kV GIS substation from a domestic data center client, valued at over Rs 400 crore, to be executed in 24 months. | Bajel Projects received a mega EPC order (value ≥ Rs 400 crore as per company classification) for design, engineering, procurement, supply, erection, testing, commissioning and performance testing of a 400/220/33 kV GIS substation for a data center client in Mumbai. The order is domestic and is to be completed within 24 months from commencement. | filing |
| 22 Jul 2026 | Bajel Projects signs formal agreement with Egyptian Electricity Transmission Company for a 500 kV transmission line order valued at over ₹400 crore in Cairo. | Bajel Projects Limited entered into an agreement with Egyptian Electricity Transmission Company (EETC) for construction of two contiguous sections (Lot 1 and Lot 5) of a 500 kV Overhead Transmission Line in Egypt, valued at over ₹400 crore, following the earlier intimation on April 29, 2026. | filing |
| 8 Aug 2026 | Bajel Projects receives ultra-mega EPC order from PGCIL for 765 kV transmission line, valued at over Rs 400 crore | Bajel Projects has been awarded an ultra-mega EPC order by PowerGrid Corporation of India Limited (PGCIL) for the construction of a 765 kV transmission line from Raigarh (Tamnar) to Jamshedpur as part of the WR-ER Inter-Regional Network Expansion Scheme. | filing |
| 8 Aug 2026 | Bajel Projects wins a mega EPC order from PowerGrid Corporation for transmission line package valued at Rs. 300-400 crore (Mega order category) with a 27-month execution timeline. | Bajel Projects has been awarded a mega EPC contract by PowerGrid Corporation of India Limited (through its SPV, M/s WR ER Part A Power Transmission Limited) for constructing a 400 kV transmission line in Jharkhand, India. The order is valued between Rs. 300 crore and Rs. 400 crore (as per the company's Mega Order classification) and is to be executed within 27 months from the date of the Notification of Award. | filing |
| 10 Aug 2026 | Bajel Projects receives two EPC orders worth over Rs 700 crore from Power Grid Corporation under the WR-ER Inter-Regional Network Expansion Scheme. | Bajel Projects Limited has secured two EPC orders from Power Grid Corporation of India for transmission line packages TL06 and TL02 under the WR-ER Inter-Regional Network Expansion Scheme. TL06 is a Mega order valued at over Rs 300 crore (inclusive of GST), and TL02 is an Ultra-Mega order valued at over Rs 400 crore (inclusive of GST). The projects involve designing, supplying, erecting, testing, and commissioning 400kV and 765kV transmission lines to strengthen inter-regional power evacuation between the Western and Eastern regions. | filing |
| 12 Aug 2026 | Bajel Projects wins an ultra-mega order worth over ₹600 crore for a 765kV transmission line package under the WR-ER Inter-Regional Network Expansion Scheme. | Bajel Projects received an ultra-mega EPC order (over ₹600 crore) from Power Grid Corporation for constructing 765kV double-circuit transmission lines in Chhattisgarh under the WR-ER Inter-Regional Network Expansion Scheme. | filing |
| 21 Aug 2026 | Bajel Projects' associate AnantGrid Projects One declared successful bidder for the Lakadia – Part A Inter-State Transmission Project under TBCB route, securing a Letter of Intent from PFC Consulting. | AnantGrid Projects One Private Limited (AGPOPL), a joint venture between Bajel Projects (26%) and NIIF (74%), received a Letter of Intent from PFC Consulting Limited declaring it the successful bidder for the Lakadia – Part A Inter-State transmission project. The project involves constructing approximately 270 km of 765 kV double-circuit transmission lines in Gujarat and associated substation work. | filing |
| 26 Oct 2026 | Bajel Projects wins ₹200+ crore major order from Tata Power for 400 kV GIS substations in Mumbai. | Bajel Projects Limited was awarded a major EPC order by The Tata Power Company Limited for the construction of 400 kV Gas Insulated Substations at Dharavi and Ghatkopar in Mumbai, valued at approximately ₹200+ crore, to be executed within 18 months. | filing |
| 26 Oct 2026 | Bajel Projects secures its highest-ever EPC order worth ₹1,500 crore from Lakadia A Power Transmission Ltd for transmission infrastructure in Gujarat. | Bajel Projects Limited has been awarded an ultra-mega EPC order valued at ₹1,500 crore (incl. GST) by Lakadia A Power Transmission Limited. The scope includes constructing ~270 km of 765 kV double-circuit transmission lines and associated substation works in Gujarat, forming a critical part of the 14 GW Lakadia-Jamnagar renewable energy evacuation corridor. | filing |
| 7 Aug 2026 | Q1FY27 revenue fell 6.7% YoY to ₹566.88 Cr and EBITDA fell 5.3% to ₹23.61 Cr despite a 4.2% margin, while PAT rose 59.8% to ₹4.73 Cr mainly because other income was 73.7% of PBT, making earnings quality the key trajectory concern. | filing | |
| 31 Aug 2026 | Bajel Projects announces retirement of Executive Director Ajay Suresh Nagle effective August 31, 2026 | Mr. Ajay Suresh Nagle, Executive Director of Bajel Projects, has retired from his position upon completion of his tenure, effective from the close of business hours on 31 August 2026. | filing |
| 9 Oct 2026 | Bajel Projects to acquire AnantGrid stake, strengthening transmission EPC portfolio | Bajel Projects announced an acquisition involving its associate AnantGrid Projects One. The announcement indicates a strategic consolidation or stake acquisition, though specific financial terms are not detailed in the provided text. | filing |
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