Bajaj Electricals Wins Rs 564 Crore Contract From Power Grid Corp

Top Stories

Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read. August 2, 2024 at 12:45 PM

Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read. August 2, 2024 at 12:41 PM

Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read. August 2, 2024 at 12:36 PM

Stock chart

Bajaj Electricals wins Rs 564 crore contract from Power Grid Corp

ri-calendar-2-lineOct 16, 2023

By: BlinkX Research Team

FbkFbkTwitterTelegram

Manufacturer of consumer durables Bajaj Electricals Ltd announced on Friday, October 13, that the Power Grid Corporation of India Ltd (PGCIL) had given it a service contract for 564.20 crore rupees.

The agreement, which was disclosed in a letter dated October 13, 2023, denotes a significant participation in the construction of transmission infrastructure in the Andhra Pradesh regions of Ananthapur and Kurnool.

 

 

The building of a new 400kV transmission line covering 83.12 km in Ananthapur and an extended 183 km line in Kurnool, Andhra Pradesh, are included in the scope of work for this contract.

 

These lines are a component of a larger transmission plan created to support the 1,000 MW and 2,500 MW Ananthapur and Kurnool solar energy zones, respectively.

 

The completion timeline for these critical projects is set at 21 months from the issuance of their respective notices of award (NoA) or letters of acceptance (LoA).

Related News

News Thumbnail
Company

L&T Partners with PS Technology to Revolutionise Railways

6 mins read. August 2, 2024 at 12:45 PM

News Thumbnail
Company

Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr

4 mins read. August 2, 2024 at 12:41 PM

News Thumbnail
Company

Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr

4 mins read. August 2, 2024 at 12:36 PM

News Thumbnail
Company

NBCC Arm Gets Two Construction Projects Worth Rs 443.61 Cr

4 mins read. August 2, 2024 at 12:33 PM

Related Blogs

Stock chartDemat Account

Biggest Winners and Losers in MSCI: Key Movers in Global Indices 2025

0 people read

3 mins read . Aug 20, 2025

Stock chartMutual Fund

What MF Big Boys Bought and Sold – Top Mutual Fund Stock Activity in 2025

0 people read

8 mins read . Aug 18, 2025

Download app

Access BlinkX
everywhere
across device

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions