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Bajel Projects executes JV agreement to set up joint venture entity in Saudi Arabia

17 Feb 2026 Evaluate

Bajel Projects has executed a Joint Venture Agreement (JV Agreement) with Al Sharif Contracting and Commercial Development Company based in Kingdom of Saudi Arabia (KSA) for setting up a joint venture entity in KSA to undertake EPC business for High Voltage, Extra High Voltage, Overhead Transmission Lines, Substations, underground cabling etc. Both parties will hold 50% stake in the proposed entity.

Bajel Projects is a leading company in the business of power infrastructure, with a strong presence in the power transmission and power distribution sectors.

Peers
Company Name CMP
Larsen & Toubro 4118.90
Kalpataru Projects 1370.40
NCC 122.95
Rail Vikas Nigam 192.25
KEC International 333.10
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