ScoutQuest9 Oct 2026
Bajel Projects544042Major contract win

Secures Major Order worth INR 200 Cr+ for 220kV GIS Substations in Mumbai

The company has been awarded an EPC order worth INR 200 Cr+ for 220kV GIS substations at Salsette and Powai in Mumbai.

Order Value
INR 200 Cr+
Order Classification
Major order (per company's project classification policy, inclusive of GST)
Scope / Location
220kV GIS substations at Salsette and Powai in Mumbai

What the company said

The company has been awarded an EPC order for the supply and installation of 220kV Gas Insulated Switchgear (GIS) substations at Salsette and Powai in Mumbai. The order is worth INR 200 Cr+. Per the company's project classification policy, inclusive of GST, the order qualifies as a Major order.

Scope of work

Why GIS substations

GIS technology needs far less space than conventional air-insulated substations. That makes it the preferred choice for dense urban load centres like Mumbai, where land is scarce and demand keeps rising. Together, the two substations will add capacity and reliability to the city's transmission network.

How the company classifies project wins

The policy is inclusive of GST, into the following financial bands

Management comment

Rajesh Ganesh, Managing Director & CEO, said: "We are proud to contribute to strengthening Mumbai's power infrastructure. Building high-voltage GIS substations inside a working metropolis calls for precise engineering, tight site planning and uncompromising safety, and this order reflects the confidence our clients place in the company's execution capabilities. Mumbai city's growing power needs demand a grid that is resilient and future-ready, and we are committed to delivering both projects to the highest standards of quality."

About the company

The company is an Engineering, Procurement and Construction (EPC) and manufacturing solutions company with a strong domestic and international presence across the Power Transmission and New Energies (formerly Power Distribution) sectors. As part of the Bajaj Group, it is recognised for its project management capabilities and operational excellence, working with state, national and international utilities and private infrastructure players. It was formerly the EPC arm of Bajaj Electricals Limited and continues to be guided by the same values.

What to take away

This is a new order win disclosed by the company, with the work split into two packages in Mumbai and the value described as INR 200 Cr+. The company states that the order falls in its own Major order band, the Rs. 200 Cr to Rs. 300 Cr range, which is one step below its Mega and Ultra-mega bands.

More numbers
  • Order valueINR 200 Cr+
  • Major Orders band - lower limitRs. 200 Cr
  • Major Orders band - upper limitRs. 300 Cr
Source: BSE · 9 Oct 2026

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