Key Quantitative Figures
The order is classified as a Mega Order under the company's project classification policy. According to the company's defined categories provided in the disclosure, a Mega Order falls within the value range of ₹300 crore to ₹400 crore (inclusive of GST).
Parties Involved
- Entity Awarding the Order: PowerGrid Corporation of India Limited (PGCIL)
- Order Placement: The order was placed on behalf of PGCIL's Special Purpose Vehicle (SPV), M/s WR ER Part A Power Transmission Limited.
- Recipient Company: Bajel Projects Limited
Project Details
- Nature of Contract: EPC Contract for Transmission Line works.
- Project Description: Transmission Line Package TL06 for LILO of Ranchi (New)- New PPSP 400kV D/C line at Jamshedpur (New). The specific work includes:
- Construction of a 400kV D/C (Twin Moose) line from Jamshedpur (New) to the LILO section towards Ranchi (New).
- Construction of a 400kV D/C (Twin HTLS) line from Jamshedpur (New) to the LILO section towards New PPSP.
- Project Scheme: The transmission line is part of the "WR-ER Inter-Regional Network Expansion Scheme-Part A" executed through the Tariff Based Competitive Bidding (TBCB) route.
- Geographic Scope: Domestic (India).
Significant Terms and Conditions
- The order was awarded in the ordinary course of the company's business.
- The time period for execution is 27 months from the date of issuance of the Notification of Award (NOA).
Related Party and Promoter Interest
- The company confirms that none of its promoters, promoter group, or group companies have any interest in PowerGrid Corporation of India Limited or its SPV.
- The order does not constitute a related party transaction.