Solapur Transmission, (Project SPV Company of Torrent Power). The contract includes EPC work of design, engineering, manufacturing, supply, erection, civil work, testing & commissioning work for establishment of 400/220 KV Solapur pooling station (New) & establishment of 400 KV Line Bays‐ 2 nos.(Power Grid Solapur). The order will be complete in 15 months from the date of issuance of Letter of award. Bajel Projects (BPL) is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors. BPL was formerly part of Bajaj Electricals under the EPC segment. The company reported standalone net profit of Rs 3.65 crore in Q2 FY25 as compared with net loss of Rs 4.44 crore in Q2 FY24. Revenue from operations surged 231.29% to Rs 662.41 crore in Q2 FY25.Powered by Capital Market - Live

Bajel Projects has been awarded a supply of Goods and Services contract by Solapur Transmission (a Project SPV Company of Torrent Power). The scope of the EPC work includes Design, Engineering, Manufacturing, Supply, Erection, Civil Work, Testing & Commissioning Work for Establishment of 400/220 KV Solapur PS (New) & Establishment of 400 KV Line Bays'] 2 nos. (Power Grid Solapur), Solapur, MaharashtraPowered by Capital Market - Live

Net profit of Bajel Projects reported to Rs 3.66 crore in the quarter ended September 2024 as against net loss of Rs 4.44 crore during the previous quarter ended September 2023. Sales rose 235.38% to Rs 651.77 crore in the quarter ended September 2024 as against Rs 194.34 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales651.77194.34 235 OPM %2.58-2.06 - PBDT10.02-4.02 LP PBT6.76-5.42 LP NP3.66-4.44 LP Powered by Capital Market - Live

Bajel Projects will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

The order involves the design and construction of a 220/33kV gas-insulated switchgear (GIS) substation and transmission line extension for a colocation data centre in Navi Mumbai, Maharashtra. This project, underscores Bajel's strategic entry into the rapidly growing data center market driven by India's digital transformation, increasing demand for data storage and processing capabilities, it added. Bajel will leverage its extensive expertise in design, engineering, procurement, and construction (EPC) to deliver critical power infrastructure solutions. The project will incorporate a combination of lattice towers and monopoles, conductors, and other essential components like the GIS substation, ensuring reliable, efficient, and continuous power supply. Bajel is committed to completing this project within the stipulated timeframe, executing it with strict adherence to quality and safety standards. This commitment will further solidify Bajel's reputation for safety and operational excellence, as stated in a press release. Rajesh Ganesh, MD & CEO of Bajel Projects said, The exponential growth of data centers in India, fuelled by cloud adoption, e-commerce, digital services and localization, presents a compelling opportunity for us. We're strategically building capabilities in GIS and Monopoles to become a trusted partner for data center developers in their pursuit of reliable and sustainable power infrastructure. Bajel Projects (BPL) is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors. BPL was formerly part of Bajaj Electricals under the EPC segment. The company reported standalone net profit of Rs 5.52 crore in Q1 FY25 as against net loss of Rs 1.70 crore posted in Q1 FY24. Net sales stood at Rs 505.69 crore in Q1 FY25, steeply higher than Rs 197.26 crore reported in Q1 FY24. Powered by Capital Market - Live

The order involves the design and construction of a 220/33kV gas-insulated switchgear (GIS) substation and transmission line extension for a colocation data centre in Navi Mumbai, Maharashtra. This project, underscores Bajel's strategic entry into the rapidly growing data center market driven by India's digital transformation, increasing demand for data storage and processing capabilities, it added. Bajel will leverage its extensive expertise in design, engineering, procurement, and construction (EPC) to deliver critical power infrastructure solutions. The project will incorporate a combination of lattice towers and monopoles, conductors, and other essential components like the GIS substation, ensuring reliable, efficient, and continuous power supply. Bajel is committed to completing this project within the stipulated timeframe, executing it with strict adherence to quality and safety standards. This commitment will further solidify Bajel's reputation for safety and operational excellence, as stated in a press release. Rajesh Ganesh, MD & CEO of Bajel Projects said, The exponential growth of data centers in India, fuelled by cloud adoption, e-commerce, digital services and localization, presents a compelling opportunity for us. We're strategically building capabilities in GIS and Monopoles to become a trusted partner for data center developers in their pursuit of reliable and sustainable power infrastructure. Bajel Projects (BPL) is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors. BPL was formerly part of Bajaj Electricals under the EPC segment. The company reported standalone net profit of Rs 5.52 crore in Q1 FY25 as against net loss of Rs 1.70 crore posted in Q1 FY24. Net sales stood at Rs 505.69 crore in Q1 FY25, steeply higher than Rs 197.26 crore reported in Q1 FY24. Shares of Bajel Projects fell 0.14% to end at Rs 254.40 on Friday, 27 September 2024.Powered by Capital Market - Live

Bajel Projects announced its successful foray into the nascent data centre segment securing its first order from an upcoming data center service provider. Bajel has bagged an order for the design and construction of a 220/33 KV Gas Insulated Substation (GIS) Substation and transmission line extension for a colocation data center in Navi Mumbai. Powered by Capital Market - Live

Net profit of Bajel Projects reported to Rs 5.52 crore in the quarter ended June 2024 as against net loss of Rs 1.70 crore during the previous quarter ended June 2023. Sales rose 156.36% to Rs 505.69 crore in the quarter ended June 2024 as against Rs 197.26 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales505.69197.26 156 OPM %1.40-1.29 - PBDT9.61-0.76 LP PBT7.45-2.00 LP NP5.52-1.70 LP Powered by Capital Market - Live

Bajel Projects will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live

The company has been awarded the transmission line package TL01 for the 765 kV D/C Beawar ' Mandsaur PS transmission line. The awarded project is a part of a larger government initiative which aims to set up a 'Transmission System for evacuation of power from Rajasthan REZ'. The project has been awarded through the Tariff Based Competitive Bidding (TBCB) route. Bajel Projects will have 23 months to complete the project from the award notification date. Bajel Projects (BPL) is a leading company in the business of power infrastructure, with a strong presence in the Power Transmission and Power Distribution sectors. BPL was formerly part of Bajaj Electricals under the EPC segment. The company reported net profit of Rs 7.07 crore in Q4 FY24 as against net loss of Rs 0.78 crore posted in corresponding quarter last year. Revenue from operations stood at Rs 489.16 crore in the quarter ended 31 March 2024, up 147.34% from 197.77 crore in same quarter previous fiscal. Powered by Capital Market - Live