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Bajel Project’s associate company gets LoI from PFCCL for inter state transmission project

21 Aug 2026 Evaluate

Bajel Project’s associate company -- AnantGrid Projects One (AGPOPL) has received a Letter of Intent (LoI) from PFC Consulting (PFCCL) declaring it the successful bidder for Inter State transmission scheme, ‘Common Transmission System for evacuation of power from Lakadia (Phase-II: 7.5GW), Jam Khambhaliya (Phase-II: 5.5GW) and Jamnagar (Phase-I: 1GW) - Part-A’.

This is after AGPOPL emerged L1 post the e-reverse auction for the TBCB scheme held on August 06-07, 2026. The project includes construction of around 270 Km of 765 KV double-circuit transmission lines from Halvad to Vadodara in state of Gujarat and additional works at 3 substations namely Halvad, Vadodara and South Olpad.

AGPOPL is jointly owned by Bajel Project (holding 26%) and National Investment and Infrastructure Fund (holding 74%).

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

Bajel Projects Share Price

191.60 10.90 (6.03%)
21-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4088.05
Kalpataru Projects 1402.90
Rail Vikas Nigam 225.30
KEC International 436.00
NCC 149.55
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