Bajel ProjectsTata PowerPower TransmissionBSEInfrastructure
Bajel Projects Secures ₹200-Crore Tata Power Order, Boosts Mumbai Grid Infrastructure
Published: October 26, 2026
Bajel Projects Ltd won a ₹200 crore contract from Tata Power for 400‑kV GIS substations, with completion slated for 18 months. Shares rose 1.63% to ₹156.25 on the BSE after the announcement.
Shares of Bajel Projects Ltd edged up 1.63%, closing at ₹156.25 on the BSE after the company announced a ₹200 crore contract with Tata Power.
The deal covers engineering, procurement and construction of two 400‑kV gas‑insulated substations in Dharavi and Ghatkopar, Maharashtra, including automation, communication and civil works.
Bajel classifies contracts between ₹200 crore and ₹300 crore as major orders; the new project joins a pipeline that recently added a ₹700 crore deal with Power Grid Corp.
The 18‑month schedule aligns with Mumbai’s grid upgrade plans, aiming to enhance reliability in a rapidly urbanising metropolis.
No new guidance was issued, but the firm’s continued focus on high‑voltage infrastructure positions it to capture further contracts as the sector seeks to modernise transmission networks.