Bajel Projects climbs after securing ultra-mega EPC contract from overseas client
Mumbai, April 29 -- As per the company's classification, the combined order value falls under the ultra-mega category which includes contracts worth Rs 400 crore and above.
The company bagged EPC contracts for the construction of 500 kV overhead transmission lines under Lot 1 and Lot 5 for the international client. The project is expected to be completed in 11 months from the commencement date.
The project is part of a flagship national grid reinforcement programme aimed at strengthening the high-voltage backbone in the MENA region and enabling reliable power evacuation to support growing economic and industrial demand.
Rajesh Ganesh, managing director & CEO, Bajel Projects, said, "Winning these orders is a defining moment for Bajel Pr...
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