Bajel Projects Share Price Gains Over 7%; Secures Ultra-Mega Order Worth Over ₹400 Crore for 500kV Transmission Lines

Bajel Projects Limited has announced a significant achievement by securing an ultra-mega order for constructing 500kV overhead transmission lines.  

The order, valued at over ₹400 crore, comes from an international client in the Middle East and North Africa (MENA) region. 

Details of the Ultra-Mega Order 

The order involves the construction of two contiguous sections of 500kV overhead transmission lines.  

This project is part of a national grid reinforcement programme in the MENA region, aimed at bolstering the high-voltage backbone to support growing economic and industrial demand. 

Bajel Projects has been entrusted with this task due to its proven engineering capability and project execution rigour.  

The company will deliver the project within 11 months from the commencement date. 

Significance for Bajel Projects 

This order marks a defining moment for Bajel Projects, enhancing its footprint in the MENA region.  

The company is already known for its strong domestic order book and recent international wins, including a 50:50 joint venture with the Al Sharif Group in Saudi Arabia. 

Read More: Transformers & Rectifiers India Share Price Gains Over 5%; Secures Over $16 Million Export Order! 

Financial Implications and Project Classification 

The order falls under the ultra-mega category, which includes projects valued at ₹400 crore and above. Bajel Projects categorises its project wins into financial bands, with ultra-mega orders being the highest classification. 

This achievement further consolidates Bajel Projects' position as a trusted international EPC partner in the high-voltage transmission segment. 

Bajel Projects Share Price Performance 

As of April 29, 2026, at 12:09 PM, Bajel Projects share price on NSE was trading at ₹194.00 up by 6.96% from the previous closing price. 

Conclusion 

Bajel Projects' recent ultra-mega order win for 500kV transmission lines in the MENA region underscores its growing international presence and engineering excellence. The project, valued at over ₹400 crore, is a testament to the company's capability to deliver complex infrastructure projects globally. 

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