Bajel Projects News

Bajel Projects Partners NIIF for Power Transmission

Bajel Projects Ltd signs strategic deal with NIIF and AnantGrid for power transmission projects, retaining 26% stake while NIIF holds 74%, targeting renewable energy development in India.

Bajel Projects forms 50:50 JV with Saudi Arabia's Al Sharif

Bajel Projects Limited executed a joint venture agreement with Al Sharif Contracting Company to establish a 50:50 JV entity in Saudi Arabia for EPC business in high voltage transmission lines and substations.

Bajel Projects Wins ₹100-200 Cr EPC Order

Bajel Projects secures major EPC contract for 765kV Mandsaur substation extension project valued between ₹100 crore to ₹200 crore with completion timeline of 18-30 months.

Bajel Projects Reports 4% Revenue Growth in H1 FY26 with Improved EBITDA Margins

Bajel Projects Limited achieved revenue growth of 4% to ₹1,221 crores in H1 FY26 driven by strong project execution, with EBITDA margin expanding to 4.4% from 3.4% in the previous year. The power infrastructure company maintains an unexecuted order book of ₹23,375 crores and has outlined its RAASTA 2030 strategic roadmap targeting double-digit revenue growth and high single-digit EBITDA margins.