Announced Wed, 22 Jul · 14:43 IST
Bajel Projects signs Rs 400+ cr Egypt 500 kV transmission deal
Compliance View source PDF
BAJEL · price
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Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹176.85
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₹173.91
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AI summary
Bajel Projects has signed an agreement with Egypt's EETC to build two sections of a 500 kV overhead transmission line, valued at over Rs 400 crore. The order is part of Egypt's national grid reinforcement programme and follows the April 29, 2026 order win intimation. The deal expands Bajel's MENA footprint alongside its Saudi JV with Al Sharif Group and Abu Dhabi subsidiary.
Likely market impact
Significant international order worth Rs 400+ crore boosts order book and reinforces Bajel's position as a global EPC player in high-voltage transmission.