Bajel Projects Share Price Jumps Over 3% on Securing Ultra Mega Power Transmission Order

Bajel Projects Limited has added a large domestic power transmission project to its order book after receiving an ultra mega engineering, procurement and construction contract linked to India’s high-capacity grid network. 

Project Scope and Technical Details 

The order has been awarded by PowerGrid Corporation of India Limited through its special purpose vehicle, Vindhyachal Varanasi Transmission Limited. The assignment forms part of efforts to strengthen power transfer between northern and western regions of the country. 

Under the contract, Bajel Projects will execute Transmission Line Package TL02, involving the construction of an 87.3 km, 765 kV double-circuit transmission line between the Vindhyachal Pool and Prayagraj. The new corridor is intended to ease congestion on the existing Vindhyachal–Varanasi line and improve grid reliability. 

The EPC scope covers complete transmission line works, with the project scheduled for completion within 21 months from the date of award. 

Order Value and Execution Track Record 

The project has been classified as an ultra mega order, carrying a value of ₹400 crore or more, as per the company’s internal classification.  

Bajel Projects stated that the contract has been awarded in the ordinary course of business and does not involve any promoter or related party interest. 

The company has commissioned more than 2,000 circuit kilometres of transmission lines during FY24–FY26, reflecting sustained execution capability in large-scale power transmission projects. 

Read More: Bajel Projects Share Price in Focus; Bags Large Order for 765kV Mandsaur Substation Extension! 

Bajel Projects Share Price Performance  

As of February 09, 2026, at 10:55 AM, Bajel Projects Limited share price is trading at ₹168.02 per share, reflecting a gain of 3.42% from the previous closing price. Over the past month, the stock has declined by 0.93%. 

Conclusion 

The ultra mega transmission line contract strengthens Bajel Projects’ position in high-capacity power infrastructure and enhances its visibility in inter-regional grid development. The order adds scale to its execution pipeline while reinforcing its focus on technically complex transmission projects. 

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