Bajel Projects Limited bags contract from PowerGrid

Bajel Projects Limited has been awarded a supply of Goods and Services contract by PowerGrid Corporation of India Limited ("POWERGRID") for and on behalf of their project-specific SPV i.e. M/s Beawar‐ Mandsaur Transmission Limited, ("hereinafter referred to as the "SPV"/"Project SPV Company")

The contract is for Transmission Line Package TL01 for 765 kV D/c Beawar - Mandsaur PS Transmission Line - Part I associated with "Transmission System for evacuation of power from Rajasthan REZ Ph‐IV (Part‐2: 5.5GW) (Jaisalmer/ Barmer Complex) Part‐D" through Tariff Based Competitive Bidding (TBCB) route.

The order value is INR 586.28 Crs (Excluding Taxes).

Shares of Bajel Projects Limited was last trading in BSE at Rs. 268.05 as compared to the previous close of Rs. 275.10. The total number of shares traded during the day was 54117 in over 2657 trades.

The stock hit an intraday high of Rs. 278.30 and intraday low of 256.50. The net turnover during the day was Rs. 14570249.00.

Source : Equity Bulls

Keywords

BajelProjects PowerTransmission INE0KQN01018 OrderWin PowerGrid SPV