Bajaj Electricals

Bajaj Electricals secured an order worth Rs. 332.65 crore from Power Grid Corporation of India Ltd. for transmission line tower package TW04, to increase capacity of a 765 KV double circuit transmission line between Navasari, Gujarat and Padghe, Maharashtra. Completion period is 15 months.

Bajaj Electricals Limited was awarded a contract by PGCIL for supply of goods/services under Transmission line Tower Package TW04 for a 765 kV line in Gujarat and Maharashtra. The order value is Rs. 332.65 crore and is to be completed within 15 months.

Bajaj Electricals Ltd approved a scheme to demerge its power transmission and distribution business into a separate company, Bajel Projects Ltd, subject to shareholder approval. Shareholders will receive one share in Bajel Projects for each share held in Bajaj Electricals.

Zambia Electricity Supply Corporation (ZESCO) awarded a USD 4.12 million contract to Bajaj Electricals Limited for the 132 kV Roma–Lusaka West overhead line as part of the Lusaka Transmission Distribution Rehabilitation Project.

Bajaj Electricals Ltd has bagged a transmission line order from Transmission Corporation of Telangana Limited worth Rs. 391.45 crore. The scope includes supply, erection, testing and commissioning of a 400 KV line on a turnkey basis, with an 18-month completion period.