Mumbai, Feb. 9 -- As per the company's classification, the value of an 'ultra mega' contract is Rs 400 crore and above.

The order involves construction of the 765 kV Vindhyachal Pool-Prayagraj double-circuit transmission line (Part-II) under the Inter-regional (NR-WR) Transmission System Strengthening project. The high-capacity corridor is aimed at easing congestion on the existing 765 kV Vindhyachal-Varanasi line and improving power flow between the Northern and Western grids.

Rajesh Ganesh, MD & CEO, Bajel Projects, said, "Securing this Rs 400 crore+ Ultra Mega order is a definitive validation of our 'Quality of Earnings' strategy and our approach of winning the right, technically demanding contracts. The 765 kV Vindhyachal-Prayagraj ...