Bajel Projects Limited Share Price

Bajel Projects Ltd. was established as a Public Limited Company, wholly owned by Bajaj Electricals Limited (BEL). It received its Certificate of Incorporation on January 19, 2022, from the Registrar of Companies, Mumbai. You can track Bajel share price with Blinks for more Insights.

Business Operations

Bajel Projects Ltd., previously a division of Bajaj Electricals Limited, specialises in Engineering, Procurement, and Construction (EPC) services. The company’s business is divided into four key parts.

1. Power Transmission: The company has expertise in high voltage and extra high voltage transmission line projects. It is specialised in constructing substations, UG cabling, poles, and monopoles.
2. Power Distribution: Bajel Projects provides turnkey solutions for power distribution, feeder separation, rural electrification, and underground cabling.
3. Monopoles: This business vertical focuses on the manufacturing and installation of monopoles for various infrastructure projects.
4. International EPC: The fourth part of the company’s operations is engaged in international EPC projects.

The company has national as well as international clients. They are as follows.

Power Grid Corporation of India Ltd (PGCIL)
Madhya Pradesh Power Transmission Company Ltd (MPPTCL)
Haryana Vidyut Prasaran Nigam Ltd (HVPNL)
Torrent Power Ltd
Zambia Electricity Supply Corporation (ZESCO)
Kenya Power & Lighting Company (KPLC)
North Bihar Power Distribution Company Ltd (NBPDCL)
South Bihar Power Distribution Company Ltd (SBPDCL)
West Bengal State Electricity Distribution Company Ltd (WBSEDCL)

Bajel Projects Ltd Corporate Restructuring

In 2023, as per a scheme of arrangement for demerger, the Power Transmission and Power Distribution Business (Demerged Undertaking) was transferred from Bajaj Electricals Limited to Bajel Projects Ltd. Following this demerger scheme, the company is primarily engaged in providing end-to-end EPC solutions for various projects. This includes complete services from conceptualisation to commissioning a project. Checkout Bajel projects share price with BlinkX.

Equity Distribution of Bajel Projects Ltd

As per the Scheme, Bajel Projects Ltd. issued and allotted 11,51,01,953 Equity Shares to the shareholders of Bajaj Electricals Limited.

Bajel Projects Ltd

BAJEL Share Price