This contract is categorized within the ₹200–₹300 crore range of “Major Orders” according to the company’s disclosure framework. It entails the construction of a 400kV (Quad) double-circuit transmission line under the TL-01 package of the Bellary–Davanagere 2nd 400kV line scheme.
The project is part of a renewable energy evacuation system designed to integrate 0.25 GW at Davanagere and 2.75 GW at Bellary into the national grid, featuring a line length of approximately 70 km that connects Bellary Substation to Davanagere Substation.
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Bajel Projects indicated that the execution period for this project spans 21 months from the issuance date of the Notification of Award. The company confirmed that this is a domestic EPC contract and noted that neither the promoter, promoter group, nor group companies hold any interest in the awarding entity.
Rajesh Ganesh, Managing Director and CEO of Bajel Projects Limited, stated, “Securing this major order is a strong testament to Bajel’s execution capabilities in high-voltage transmission and our ongoing alignment with India’s energy transition goals.
The Bellary–Davanagere corridor serves as a central transmission system for the evacuation of renewable power from key solar and wind zones in Karnataka. With each order we acquire, Bajel reaffirms its dedication to developing the transmission infrastructure that will support a greener and more reliable India, adhering to the highest standards of safety and quality.”
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Bajel Projects Ltd shares closed at ₹169.95, up by ₹2.35, or 1.40%, on the BSE.
