Bajel Projects Ltd has received a letter of intent from Tata Power for a power transmission-related order.
In a stock exchange communication, Bajel Projects Ltd – the erstwhile EPC division of Bajaj Electricals Ltd – said that it has received the letter of intent for supply of plant and installation services for engineering, procurement, construction & commissioning of transmission lines and GIS substations of:
- 400 kV Jalpura – THDC TPS Khurja double-circuit transmission line (80.06 km)
- LILO of one circuit of 400 kV Greater Noida – Pali, Greater Noida double-circuit line at 400/220 kV GIS (0.8 km)
- New 400/220kV, 2 x 500 MVA GIS substation at Metro depot Greater Noida
- New 400/220kV, 2 x 500 MVA GIS substation at Jalpura
The aggregate contract value is Rs.487.64 crore, inclusive of taxes, the communication said, adding that the order is scheduled for completion is 18 months from the scheduled contractual date.
Intrastate TBCB project
Though not indicated by Bajel Projects in its communication, the above contract strongly appears to be part of an intrastate transmission scheme in Uttar Pradesh that Tata Power has won under the tariff-based competitive bidding (TBCB) route. The project for which REC Power Development & Consultancy Ltd (RECPDCL) was the bid process coordinator has been housed under project SPV “Jalpura Khurja Power Transmission Ltd.”
As reported by T&D India, Tata Power recently debuted in the TBCB-based power transmission development space by winning an interstate and an intrastate scheme.
Also read: Bajaj Electricals Incorporates Subsidiary For Power T&D Business
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