Bajel Projects Associate AnantGrid Wins Lakadia Transmission Project
Bajel Projects' associate, AnantGrid Projects One Private Limited, won the Lakadia Transmission Project. The project involves constructing 270 Km of 765 KV transmission lines. This win is part of a collaboration between Bajel Projects, NIIF, and AnantGrid to develop power transmission infrastructure.
The project is substantial and contributes to the company's strategic goals in the power transmission sector, but it's an associate's win, not a direct order for Bajel Projects itself.
The company's associate has been declared a successful bidder for a significant transmission project, indicating business growth and expansion.
AnantGrid Projects One Private Limited (AGPOPL), an associate of Bajel Projects Limited, has been declared the successful bidder for the Lakadia – Part A Inter-State Transmission Project. AGPOPL, jointly owned by Bajel Projects (26%) and National Investment and Infrastructure Fund (NIIF) (74%), received a Letter of Intent (LoI) from PFC Consulting Limited (PFCCL) after emerging as the L1 bidder in the e-reverse auction held on August 6-7, 2026.
The project involves the construction of approximately 270 Km of 765 KV double-circuit transmission lines from Halvad to Vadodara in Gujarat, along with additional works at three substations: Halvad, Vadodara, and South Olpad.
This collaboration is part of a strategic agreement signed in March 2026 between NIIF, Bajel Projects, and AnantGrid Private Limited to jointly pursue power transmission opportunities in India via the Tariff Based Competitive Bidding (TBCB) route. The partnership leverages NIIF's investment capabilities, AnantGrid's development expertise, and Bajel's EPC strengths to support India's renewable energy target of 500 GW by 2030.
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See the model portfoliosA plain-language summary of a public exchange filing by Bajel Projects Limited. Read the original for the full detail.