Bajel Projects Limited was incorporated as wholly owned subsidiary of Bajaj Electricals Limited (BEL) pursuant to a Certificate of Incorporation dated January 19, 2022, issued by the Registrar of Companies, Mumbai.
Bajel Projects Ltd., is a leading company in the Engineering, Procurement and Construction (EPC) business. The Company deals in Engineering projects, which includes power transmission and power distribution Projects at Ranjangaon, near Pune, Maharashtra. With over two decades, the business encompasses high voltage and extra high-voltage transmission line projects, substations, UG cabling, poles, monopoles, high mast and electrification projects along with feeder separation and lift irrigation projects on a turnkey basis.
BPL has proved a track record for its national and international business with an enviable clientele consisting of Power Grid Corporation of India Ltd (PGCIL), Madhya Pradesh Power Transmission Company Ltd (MPPTCL), Haryana Vidyut Prasaran Nigam Ltd (HVPNL), Torrent Power Ltd , Zambia Electricity Supply Corporation (ZESCO), Kenya Power & Lighting Company (KPLC), North Bihar Power distribution Company Ltd (NBPDCL), South Bihar Power distribution Company Ltd (SBPDCL) and West Bengal State Electricity Distribution Company Ltd (WBSEDCL) among others.
The Company commenced the Power Transmission and Power Distribution Business from January 19, 2022 upon transfer of the Demerged Undertaking to the Company as a going concern.
In 2023-24, purs ...uant to the Scheme of Arrangement for Demerger, the Power Transmission and Power Distribution Business was transferred and vested from Bajaj Electricals Limited to Company effective from September 01, 2023. Post Demerger Scheme, the Company is engaged in providing solutions that include EPC and project management for all aspects of project execution from conceptualizing to commissioning. The Company's business comprises of providing end-to-end EPC solutions or any combination of individual services, depending on customer's needs and market opportunity. Their business can be broadly segregated into (i) the power transmission EPC sub-segment, which is primarily engaged in construction of EHV transmission lines using lattice towers, monopole, cables, AIS and GIS on turnkey basis; and (ii) the power distribution EPC sub-segment, which is primarily engaged in providing turnkey solutions for power distribution, feeder separation, rural electrification, and underground cabling. In terms of the Scheme, the Company issued and allotted 11,51,01,953 Equity Shares to the shareholders of BEL in the ratio of 1 fully paid-up equity share of the Company having a face value of Rs 2 each for every 1 fully paid-up equity share of Rs 2 each of Bajaj Electricals Limited to the shareholders of Bajaj
Electricals Limited.
In FY 2025, three substations got completed, including a high-voltage 765/400 kV AIS substation in Dharamjaigarh and two Karnataka Power Transmission Corporation Limited operated substations in Ramasamudra (220/110 kV) and Raichur (110/11 kV), with the Raichur substation
commissioned on 4th April, 2025. During FY 2025, the Company has commissioned the 33/11KV Panchmala substation in Angul for Tata Power Central Odisha Distribution Limited (TPCODL).
FAQs on Bajel Projects Ltd
1. Can I buy Bajel Projects Ltd from PL Capital? ›
Yes, you can invest in Bajel Projects Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Bajel Projects Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Bajel Projects Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Bajel Projects Ltd pay dividends? ›
Bajel Projects Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Bajel Projects Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Bajel Projects Ltd. is ₹ 162.47 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Bajel Projects Ltd ? ›
The 52-week high and low of Bajel Projects Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
