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Bajel Tasks shares rocket 14% after bagging largest extremely mega order price Rs 700 crore

whysavetoday by whysavetoday
March 16, 2026
in Business
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Bajel Tasks shares rocket 14% after bagging largest extremely mega order price Rs 700 crore
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Shares of Bajel Tasks soared as a lot as 14% to their day’s excessive of Rs 160 on the BSE on Monday after it secured an extremely mega order price over Rs 700 crore from Maharashtra State Electrical energy Transmission Firm Restricted (MSETCL) for the event of a 400/220 kV Air Insulated Switchgear (AIS) substation at Saswad in Pune district, together with related transmission strains.

The contract marks the biggest single order received by the corporate in its energy transmission enterprise.

The mission entails the entire turnkey EPC execution of the 400/220 kV AIS substation at Saswad, Pune. The scope covers design, provide, erection, testing and commissioning of the power, together with all associated transmission strains. It additionally consists of civil works and the total erection, testing and commissioning parts required for the mission.

On the core of the mission is the development of a greenfield 2×500 MVA, 400/220 kV AIS substation at Saswad. The power will even embody a 1×125 MVAr bus reactor on the 400 kV stage. The substation has been deliberate with provisions for future growth to help Maharashtra’s long run progress in energy demand.

The mission will even contain bay additions at three current and proposed substations to combine the brand new Saswad facility with the present transmission community.

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As well as, the scope consists of constructing a number of new 400 kV and 220 kV transmission strains, together with LILO (Line In Line Out) preparations, to attach the Saswad substation to the broader Maharashtra grid.

Situated in Pune district, the Saswad substation is predicted to develop into an vital node in Maharashtra’s excessive voltage transmission community. It can assist enhance energy evacuation capability for the quick rising industrial area round Pune and improve grid reliability throughout the state.Commenting on the order win, Rajesh Ganesh, Managing Director and Chief Government Officer of Bajel Tasks Restricted, stated securing the Rs 700 crore plus extremely mega order from MSETCL marks a key milestone for the corporate and highlights its EPC capabilities within the excessive voltage substation phase. He stated a 400/220 kV substation of this scale in Pune district will play an important function in strengthening Maharashtra’s transmission community and assembly the rising energy demand from the area’s increasing industrial and concrete areas.

Ganesh added that the mission helps the corporate’s RAASTA 2030 technique of increasing into excessive worth and complicated infrastructure tasks whereas additionally strengthening its partnership with one in all India’s key state transmission utilities. He stated the corporate is dedicated to delivering the mission with excessive requirements of high quality and security.

(Disclaimer: Suggestions, ideas, views and opinions given by the specialists are their very own. These don’t symbolize the views of The Financial Occasions)

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Tags: baggingBajelcroreLargestMegaOrderprojectsRocketsharesUltraworth
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