Bajel Projects Limited has bagged an Ultra-Mega EPC contract worth over INR 4 billion from PowerGrid Corporation of India Limited. The 33-month project involves constructing a 765kV double-circuit transmission line connecting Raigarh to Jamshedpur to strengthen India's inter-regional power transmission network between Western and Eastern regions.
Bajel Projects Limited has secured a major Engineering, Procurement, and Construction (EPC) contract valued at over INR 4 billion (classified as an Ultra-Mega order of INR 4 billion and above) from PowerGrid Corporation of India Limited (PGCIL). The contract was awarded on behalf of PGCIL's special purpose vehicle, WR ER Part A Power Transmission Limited, for domestic power transmission works in India.
The scope of work encompasses the EPC execution of Transmission Line Package TL02 for the Raigarh (Tamnar) to Jamshedpur (new) 765kV double-circuit (D/C) line Part-II. This transmission corridor is an integral part of the WR-ER Inter-Regional Network Expansion Scheme-Part A executed under the Tariff-Based Competitive Bidding (TBCB) route. The project carries a completion period of 33 months from the date of issuance of the Notification of Award.
This development marks a significant operational achievement for Bajel Projects Limited, an Indian engineering and construction enterprise specializing in high-voltage power transmission and distribution infrastructure. The awarding entity, PowerGrid Corporation of India Limited, is India's central transmission utility responsible for planning, developing, and operating the national power grid. Strengthening the inter-regional grid corridor between the Western and Eastern regions enhances power transfer capacity, reduces transmission bottlenecks, and improves grid stability across state borders in India.
At an industry and policy level, the project supports India's long-term power sector infrastructure expansion aimed at facilitating efficient bulk power evacuation across central and eastern industrial hubs. Deploying 765kV ultra-high-voltage double-circuit lines enables large-scale energy transmission across expansive geography with minimized technical line losses. Furthermore, executing key transmission infrastructure through competitive bidding frameworks aligns with national power sector reforms to encourage transparent public procurement.
For market participants and corporate stakeholders, the multi-billion-rupee contract strengthens Bajel Projects Limited's revenue visibility over the 33-month execution window. The project provides sustained momentum to the domestic EPC supply chain, driving local demand for high-voltage transmission towers, conductors, engineering services, and field construction labor across Chhattisgarh and Jharkhand.
About GlobeNewsInfo
GlobeNewsInfo.com is a business news platform providing latest updates on global business developments, projects, and contract opportunities across diverse sectors and regions. The platform is designed to serve as a trusted source of information for companies, investors, and professionals worldwide.