Bajel Projects Limited has informed the Exchange about Bagging/Receiving of orders/contracts
BAJEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bajel Projects has secured a 'Large' EPC order valued between Rs. 100 crore and Rs. 200 crore (inclusive of GST) from a domestic private client in the power transmission sector. The scope involves establishing a 400 kV GIS and 765 kV AIS extension substation, covering supply of EHV equipment along with erection, testing, commissioning, and civil works. The project has a completion timeline of 18 months from the date of the Notification of Award. The order is not related to any promoter group entity and is not a related-party transaction. The disclosure was made under SEBI Listing Regulations, indicating it meets the company's materiality threshold.
This is a material new order that should positively contribute to Bajel's order book and revenue visibility over the next 18 months. It reinforces the company's positioning in India's power transmission infrastructure space, though the Rs. 100-200 Cr size relative to overall revenue will determine the stock price reaction.