Bajel Projects Secures ₹586.28 Crore Contract for Major Power Transmission Line
Bajel Projects’ has announced order of a ₹586.28 crore contract from Power Grid Corporation of India. The contract involves supplying goods and services for the 765 kV D/C Beawar Mandsaur PS transmission line, part of a larger initiative to enhance power transmission from Rajasthan. The project must be completed within 23 months.
Bajel Projects, previously part of Bajaj Electricals, is a major player in power infrastructure. For Q4 FY24, the company reported a net profit of ₹7.07 crore, a turnaround from the ₹0.78 crore loss in the same quarter last year, with revenue increasing 147.34% to ₹489.16 crore.
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