Archive · 25 Jun 2025
Bajel Projects Stock Rises on New ₹100-200 Crore Order
Bajel Projects, a company, got a big contract worth ₹100-200 crore to build substations for an energy company.
They will be working on a 400 kV GIS and a 765 kV AIS extension.
This means they will provide equipment and set everything up.
The project is expected to take about 18 months.
As a result, the company's stock price went up, hitting the maximum allowed increase for the day.
Bajel Projects secured a contract worth ₹100-200 crore from a private company.
The project includes building a 400 kV GIS and a 765 kV AIS extension substation.
The contract involves supplying EHV equipment and related services.
The order's completion timeframe is 18 months from the award notification.
Bajel Projects shares hit a 5% upper circuit on the BSE.
- Who
- Bajel Projects secured the order from a leading private company in the energy sector.
- What
- Bajel Projects secured a contract for substation development.
- When
- The contract was announced on June 24.
- Where
- The specific location of the substation project was not mentioned.
- Why
- The substations are being built to enhance and expand power transmission infrastructure.
- Contract Value
- ₹100-200 crore
- Client
- Leading private company in the energy and power transmission sector
- Project Components
- 400 kV GIS and 765 kV AIS extension substation
- Order Timeframe
- 18 months
- Stock Change
- Up 5%
