Bajel Projects Limited has won a power transmission order worth about Rs 1,500 crore (yaani Rs 15 billion) — the single-largest order in the company's history — placed by project SPV Lakadia A Power Transmission Ltd, T&D India and RealtyNMore reported. The company disclosed the order to the stock exchanges on October 26, 2026, and classifies it as an 'ultra-mega' order under its project classification policy.

Source: T&D India

The EPC order covers construction of about 270 km of 765 kV double-circuit transmission lines from Halvad to Vadodara and additional works at the existing substations at Halvad, Vadodara and South Olpad, all in Gujarat, T&D India reported. The mandate is scheduled to be commissioned within 36 months from the date of award.

Source: T&D India

Rs 1,500 crOrder value — largest ever
~270 km765 kV double-circuit lines
36 monthsCommissioning timeline
14 GWRenewable power evacuation supported

The project is part of the interstate transmission system scheme formally called the 'Common Transmission System for evacuation of power from Lakadia (Phase-II: 7.5 GW), Jam Khambhaliya (Phase-II: 5.5 GW) and Jamnagar (Phase-I: 1 GW) – Part-A', one of five schemes to build evacuation infrastructure for 14 GW of renewable energy from renewable-rich zones in Gujarat, T&D India reported.

Source: T&D India

Lakadia A Power Transmission is a wholly-owned subsidiary of AnantGrid Projects One Pvt Ltd, jointly owned by Bajel Projects (26%) and the National Investment and Infrastructure Fund (74%), which acquired the SPV on October 12, 2026 after emerging as the winning developer under tariff-based competitive bidding, T&D India and RealtyNMore reported. The corridor supports India's goal of 500 GW of non-fossil fuel capacity by 2030, RealtyNMore reported.

Source: RealtyNMore