Bajel Projects Limited has made a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the awarding of a major contract.

The company has been awarded an Ultra Mega EPC order for Transmission Line works. The order was awarded by the domestic entity M/s WR ER Part A Power Transmission Limited.

Significant Terms and Conditions

  • Nature of Contract: EPC Contract for Transmission Line works.
  • Project Scope: The Transmission Line Package TL05 involves:
  • Bypassing of Raigarh (Tamnar)-Dharamjaygarh (Sec-B) 765kV D/C line & Raigarh(Kotra)–Raigarh (Tamnar) 765kV D/c line at Raigarh (Tamnar) S/s to form Raigarh (Kotra)–Dharamjaygarh (Sec-B) 765kV D/c line.
  • LILO (Line In Line Out) of Dharamjaygarh (Sec-B)–Jharsuguda (Sec-A) 765kV D/c line at Raigarh (Kotra)-II S/s.
  • Raigarh (Tamnar)-Raigarh(Kotra)-II S/s 765kV D/c line.
  • Project Scheme: The work is associated with the WR-ER Inter-Regional Network Expansion Scheme-Part A under the TBCB (Tariff Based Competitive Bidding) route.
  • Commercial Consideration: The order is classified as an 'Ultra-Mega Order' as per the company's internal policy. This classification is for orders valued at ₹400 crore and above (inclusive of GST).
  • Time Period: The execution timeline for the project is 33 months from the date of issuance of the Notification of Award (NOA).

Regulatory and Compliance Details

  • The order is in the ordinary course of business for the company.
  • The company confirms that none of its promoters, promoter groups, or group companies have any interest in the entity that awarded the order (M/s WR ER Part A Power Transmission Limited).
  • The order does not fall within the purview of a related party transaction and is confirmed to be executed at arm's length.
  • The disclosure references SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The letter was signed by Amee Bharatbhai Joshi, Company Secretary and Chief Compliance Officer of Bajel Projects Limited.