Connect with us
DAPA Banner

Business

Bajel Projects shares rocket 14% after bagging largest ultra mega order worth Rs 700 crore

Published

on

Bajel Projects shares rocket 14% after bagging largest ultra mega order worth Rs 700 crore
Shares of Bajel Projects soared as much as 14% to their day’s high of Rs 160 on the BSE on Monday after it secured an ultra mega order worth over Rs 700 crore from Maharashtra State Electricity Transmission Company Limited (MSETCL) for the development of a 400/220 kV Air Insulated Switchgear (AIS) substation at Saswad in Pune district, along with associated transmission lines.

The contract marks the largest single order won by the company in its power transmission business.

The project involves the complete turnkey EPC execution of the 400/220 kV AIS substation at Saswad, Pune. The scope covers design, supply, erection, testing and commissioning of the facility, along with all related transmission lines. It also includes civil works and the full erection, testing and commissioning components required for the project.

At the core of the project is the construction of a greenfield 2×500 MVA, 400/220 kV AIS substation at Saswad. The facility will also include a 1×125 MVAr bus reactor at the 400 kV level. The substation has been planned with provisions for future expansion to support Maharashtra’s long term growth in power demand.

Advertisement

The project will also involve bay additions at three existing and proposed substations to integrate the new Saswad facility with the current transmission network.


In addition, the scope includes building multiple new 400 kV and 220 kV transmission lines, along with LILO (Line In Line Out) arrangements, to connect the Saswad substation to the wider Maharashtra grid.
Located in Pune district, the Saswad substation is expected to become an important node in Maharashtra’s high voltage transmission network. It will help improve power evacuation capacity for the fast growing industrial region around Pune and enhance grid reliability across the state.Commenting on the order win, Rajesh Ganesh, Managing Director and Chief Executive Officer of Bajel Projects Limited, said securing the Rs 700 crore plus ultra mega order from MSETCL marks a key milestone for the company and highlights its EPC capabilities in the high voltage substation segment. He said a 400/220 kV substation of this scale in Pune district will play a vital role in strengthening Maharashtra’s transmission network and meeting the rising power demand from the region’s expanding industrial and urban areas.

Ganesh added that the project supports the company’s RAASTA 2030 strategy of expanding into high value and complex infrastructure projects while also strengthening its partnership with one of India’s key state transmission utilities. He said the company is committed to delivering the project with high standards of quality and safety.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Israeli fire kills four Palestinians in Gaza, medics say

Published

on

Israeli fire kills four Palestinians in Gaza, medics say


Israeli fire kills four Palestinians in Gaza, medics say

Continue Reading

Business

OPEC+ debates theoretical oil output hike amid Iran war paralysis, sources say

Published

on

OPEC+ debates theoretical oil output hike amid Iran war paralysis, sources say


OPEC+ debates theoretical oil output hike amid Iran war paralysis, sources say

Continue Reading

Business

CG Oncology: Passing A Red Line For What I Would Call A Reasonable Valuation (Rating Downgrade)

Published

on

CG Oncology: Passing A Red Line For What I Would Call A Reasonable Valuation (Rating Downgrade)

CG Oncology: Passing A Red Line For What I Would Call A Reasonable Valuation (Rating Downgrade)

Continue Reading

Business

Netflix: Three Reasons To Expect An Earnings Beat

Published

on

Netflix: Three Reasons To Expect An Earnings Beat

Netflix: Three Reasons To Expect An Earnings Beat

Continue Reading

Business

Does the Iran War herald nuclear momentum?

Published

on


Does the Iran War herald nuclear momentum?

Continue Reading

Business

Week Ahead: It's Still Mostly About The War

Published

on

Week Ahead: It's Still Mostly About The War

Week Ahead: It's Still Mostly About The War

Continue Reading

Business

Cairo maneuvers for de-escalation as Egypt’s private sector hits two-year low

Published

on


Cairo maneuvers for de-escalation as Egypt’s private sector hits two-year low

Continue Reading

Business

Foxconn first-quarter revenue jumps 30% y/y

Published

on

Foxconn first-quarter revenue jumps 30% y/y


Foxconn first-quarter revenue jumps 30% y/y

Continue Reading

Business

ORR: A Hedge Fund In ETF Clothing, Convincing Buy Opportunity (NASDAQ:ORR)

Published

on

ORR: A Hedge Fund In ETF Clothing, Convincing Buy Opportunity (NASDAQ:ORR)

This article was written by

I focus on a rigorous fundamentals-foremost equity and credit research. I currently work as a financial advisor/planner, and do analysis in my free time. I have an undergrad in business administration, an MBA in finance, and currently am a doctoral candidate (a DBA with a concentration in Finance and Investment Management). My research style typically involves process-driven research, followed by blending several valuation models together to get a blended, 12 month price target. I enjoy utilizing full DCF analysis in conjunction with SOTP, peer/multiples analysis, and risk-adjusted approaches. I thoroughly enjoy reading filings, technical documentation relevant to the sector, and then translating that data into conclusions with actionable insights. I enjoy learning about the various sectors and companies I find myself researching, and always feel like there is something to learn. As a curious individual, equity and credit research is very fulfilling, and even fun!I always try to find 2-4 variables that drive value or hinder growth, stress test them, and then let fundamental evidence incorporated with book-value set my viewpoint for the research project. I enjoy the energy sector, commodities, tech, and financial sectors the most. I joined Seeking Alpha to share my thoughts with a wide audience. I originally started with sharing my analysis with a few of my friends who are also advisors and/or analysts. I am always open to a myriad of viewpoints, as I feel the most accurate viewpoints and research is made through a collection of great minds working together to figure something out. If you appreciate thorough research, and want to learn more about a company beyond just what is inside of their books, then I believe you will enjoy the research that I work on.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Short position through short-selling of the stock, or purchase of put options or similar derivatives in ORR over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The views expressed in this article are solely the author’s own and do not represent the opinions or recommendations of an SRO or broker-dealer. This article is for informational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security. Readers should consult their own financial advisor before making investment decisions.

Advertisement

Investment Products:
Are NOT FDIC insured / not deposits of, or obligations of, any bank or financial institution / MAY be subject to investment risk, including possible loss of principal.

Additional Disclosure: Alternative and Long/Short Fund Strategies
Alternative investment strategies, including long/short equity funds, involve risks that differ from and may be greater than those associated with traditional long-only equity investments. These risks include but are not limited to: (1) Leverage risk – the use of leverage magnifies both gains and losses and may result in the loss of more than the original amount invested; (2) Short-selling risk – short positions expose the fund to theoretically unlimited losses if the securities sold short increase in value; (3) Liquidity risk – certain portfolio holdings, particularly international small-cap equities, may be difficult to sell at favorable prices during periods of market stress; (4) Foreign investment risk – investments in non-U.S. securities involve currency fluctuation, political instability, differing regulatory environments, and potentially less liquid markets; (5) Concentration risk – non-diversified funds may invest a larger percentage of assets in fewer issuers, increasing the impact of any single investment’s decline; (6) Counterparty risk – derivative instruments and short-sale arrangements are subject to the creditworthiness of counterparties; (7) Manager risk – the fund’s performance depends on the sub-adviser’s skill in implementing the strategy, and past performance of the manager’s other vehicles does not guarantee future results in this fund.

Investors should carefully consider the fund’s investment objectives, risks, charges, and expenses before investing. The prospectus and summary prospectus contain this and other important information and should be read carefully before investing. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemable. Brokerage commissions will reduce returns. Market price returns may differ from NAV returns.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Advertisement
Continue Reading

Business

Yara International: The Urea Price Shock Everyone Ignores

Published

on

CF Industries: It's Still Underpriced Despite The Rally

Yara International: The Urea Price Shock Everyone Ignores

Continue Reading

Trending

Copyright © 2025