Bajel Projects saw a 2.1% increase in share price to Rs 171.15, as they landed a notable EPC order for a 400kV transmission project. Despite reporting a drop in quarterly revenue, the positive news about the new project seemed to boost investor confidence.

Bajel Projects has secured a significant contract from Power Grid Corporation of India (PGCIL) for the construction of a 765kV substation in Pune, Maharashtra. The project also involves expanding bays and is expected to be completed within 21 months. This development marks a significant step forward for Bajel Projects in the power sector.

Bajel Projects Ltd has been awarded a significant EPC contract for a 400kV transmission line as part of the Bellary-Davanagere RE evacuation scheme, contributing to India's reinforcement of its renewable power grid infrastructure. The project spans over 70 kilometers, helping advance the nation's energy transition objectives.

Bajel Projects has secured two significant orders, valued at over Rs. 800 crores, from the MENA region. These orders involve constructing a high-voltage 500 kV overhead transmission line.