Bajel Projects Shares Surges Over 2%; Bags Ultra Mega 765 kV Transmission Line EPC Order

Bajel Projects Limited has added a major transmission infrastructure contract to its project portfolio after receiving an Ultra Mega EPC order from Power Grid Corporation of India Limited (PGCIL), as per the exchange filings. 

The order has been placed on behalf of PGCIL's special purpose vehicle, WR ER Part A Power Transmission Limited, and covers construction of a 765 kV transmission line under the WR-ER Inter-Regional Network Expansion Scheme-Part A through the TBCB route. 

Package Covers Multiple 765 kV Lines 

Designated as Transmission Line Package TL05, the contract includes bypassing the Raigarh (Tamnar)-Dharamjaygarh (Sec-B) 765 kV D/C line and Raigarh (Kotra)-Raigarh (Tamnar) 765 kV D/C line at Raigarh (Tamnar) substation. 

It also covers LILO of the Dharamjaygarh (Sec-B)-Jharsuguda (Sec-A) 765 kV D/C line at Raigarh (Kotra)-II substation and construction of the Raigarh (Tamnar)-Raigarh (Kotra)-II 765 kV D/C line. 

33-Month Execution Period 

The project carries an execution period of 33 months from the date of issuance of the Notification of Award. 

The contract is classified as an EPC contract for transmission line works and is described as an Ultra Mega Order for construction of a 765 kV transmission line. 

Domestic Order in Ordinary Course 

The order has been awarded by a domestic entity and is classified as a domestic contract. It is also in the ordinary course of Bajel Projects' business. 

Under the company's internal classification, orders valued at ₹400 crore and above, inclusive of GST, fall under the Ultra Mega category. The filing does not disclose the specific monetary value of this order. 

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Bajel Projects Share Price Performance  

As of 12 August 2026, at 2:56 PM, Bajel Projects Ltd share price was trading at ₹193 per share, reflecting a surge of 2.08% from the previous closing price. 

Conclusion 

Bajel Projects has secured an Ultra Mega 765 kV transmission line EPC contract from PGCIL, covering multiple transmission works under the WR-ER network expansion scheme with a 33-month execution period. 

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