Bajel projects bags major epc order from tata power.

Bajel Projects Limited

has been awarded a major EPC order for a 220 kV GIS substation from Tata Power. The order covers Salsette and Powai stations and is to be completed in 18 months. The contract is for supply and installation of 220 kV gas-insulated switchgear substations at Salsette and Powai receiving stations in Mumbai. It is classified as a major order valued between ₹200 crore and ₹300 crore. Execution is expected within 18 months. The key triggers are the major order from Tata Power for the 220 kV GIS substations at Salsette and Powai with an 18-month timeline. This adds to the order book of Bajel Projects. Peers such as Kalpataru Projects, KEC International and Power Grid may see continued competition in transmission EPC. Near-term prices could react to the order win. Risks include execution delays or cost overruns. Competitors listed: Kalpataru Projects, KEC International, Power Grid. We have no financial interest in this news.