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Shrikant Pandey

21st Aug · SEBI-Registered Analyst

BAJEL PROJECTS: ASSOCIATE WINS LAKADIA INTER-STATE TRANSMISSION PROJECT
BAJEL

BAJEL PROJECTS: ASSOCIATE WINS LAKADIA INTER-STATE TRANSMISSION PROJECT

BAJEL
AnantGrid Projects One, an associate of Bajel Projects, declared successful bidder by PFC Consulting under the TBCB route. AnantGrid Projects One is jointly owned by Bajel Projects (26%) and NIIF (74%). Project involves construction of around 270 km of 765 kV double-circuit transmission lines from Halvad to Vadodara, Gujarat. Additional works will be undertaken at Halvad, Vadodara and South Olpad substations. Project will facilitate evacuation of power from Lakadia (7.5 GW), Jam Khambhaliya (5.5 GW) and Jamnagar (1 GW). Impact: Positive — major transmission project strengthens Bajel-NIIF’s TBCB portfolio and provides exposure to India’s expanding renewable-energy transmission infrastructure.

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