Bajel Projects has signed a collaboration agreement with National Investment and Infrastructure Fund (NIIF), a sovereign-linked alternative asset manager anchored by the Government of India and AnantGrid, a power transmission developer promoted by NIIF. With India’s target of 500GW of renewable energy by 2030 and increasing domestic / industrial demand, robust transmission infrastructure is the need of the hour.
The collaboration agreement proposes to participate in the opportunities of mutual interest in the power transmission sector in India, emanating from the Government of India’s focus on renewable energy integration, grid modernization, and private sector participation. The framework aims to deliver high-quality and cost-efficient power transmission projects on time in India by combining: NIIF’s investment and asset management capabilities; AnantGrid’s business development and project management capabilities; and the company’s engineering and execution expertise.
Bajel Projects is a leading company in the business of power infrastructure, with a strong presence in the power transmission and power distribution sectors.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4128.00 |
| Rail Vikas Nigam | 290.95 |
| NCC | 156.80 |
| KEC International | 567.95 |
| Kalpataru Projects | 1224.40 |
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