Bajel Projects Ltd on Monday (January 13) said it has been awarded an EPC contract by Adani Energy Solutions Ltd (AESL) for the construction of a 400kV double-circuit (D/C) transmission line. The project, spanning 217 km, will connect Raipur in Chhattisgarh to Tiroda in Maharashtra using Quad ACSR Moose conductors.
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“…we wish to inform you that the Company has been awarded a supply of Goods and Services contract by Adani Energy Solutions Limited (AESL),” Bajel Projects said in a regulatory filing.
The contract involves the supply of goods and services and is slated for completion within 18 months from the issuance of the letter of award. The company confirmed that the project is not a related-party transaction, and none of the promoters or group entities have a vested interest in AESL.
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Last month, Bajel Projects was awarded a supply of goods and services contract by Solapur Transmission Ltd, a project company of Torrent Power Ltd, for the establishment of a new 400/220 KV Solapur substation in Maharashtra.
“…we wish to inform you that the company has been awarded a supply of Goods and Services contract by M/s Solapur Transmission Limited, (Project SPV company of Torrent Power Ltd),” Bajel Projects said in a regulatory filing.
The contract includes design, engineering, manufacturing, supply, erection, civil work, testing, and commissioning for the 400/220 KV substation and the establishment of two 400 KV line bays at Power Grid Solapur. The project is expected to be completed within 15 months from the issuance of the letter of award (LoA).
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Shares of Bajel Projects Ltd ended at ₹230.15, down by ₹8.75, or 3.66%, on the BSE.
