Bagging of order under the 'Transmission line Tower Package TW04' from Power Grid
Corporation of India Limited ("PGCIL"), aggregating to Rs. 332.65 crore
Re.:
Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015, as amended ("SEBI Listing Regulations") read
with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 ("SEBI Circular"), by Bajaj
Electricals Limited (the "Company")
Pursuant to Regulation 30 of the SEBI Listing Regulations, read with the SEBI Circular, we wish to inform you that the EPC Business segment of the Company has been awarded a supply of goods/services contract by PGCIL, a domestic entity, under the 'Transmission line Tower Package TW04', as per details given below:
(a)
Location
Maharashtra, India (Domestic).
(b)
Scope of work
Supply of goods/services under Transmission line Tower Package
TW04 for '765 kV D/C Navasari (New) (South Gujarat) - Padghe line
(Maharashtra portion)' - associated with Transmission Network
Expansion in Gujarat to increase its ATC from ISTS.
(c)
Value
Rs. 332.65 crore.
(d)
Completion period
The above project shall be completed within 15 months from the
date of issue of NOA/LOA.
None of the promoter/promoter group/group companies have any interest in the entity that awarded the order/contract. Further, the order/contract would not fall within the purview of related party transaction.
We request you to take the above on record and put up the same on your Notice Board for the information of members and general public. Further, the same be treated as compliance under the applicable provisions of the SEBI Listing Regulations and SEBI Circular.
Corporate Identity Number (CIN): L31500MH1938PLC009887
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Bajaj Electricals Limited published this content on 29 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 October 2022 14:13:05 UTC.
Bajaj Electricals Limited is engaged in the marketing of various consumer household and industrial goods. The Company operates through two segments: Consumer Products and Lighting Solutions. The Consumer Products segment is engaged in the manufacturing and trading of consumer durables products which includes fans, domestic appliances, kitchen appliances, and non-electrical kitchen aids. The Lighting Solutions segment is engaged in the manufacturing and trading of lighting products which includes light-emitting diode (LED) products, such as lamps, bulbs, battens and ceiling lights in consumer lighting and poles, high mast, street lighting, area lighting, in professional lighting. It also provides various fans comprising ceiling, pedestal, table, wall, personal, domestic, and others. It also involved in the engineering, procurement and commissioning of power transmission and power distribution infrastructure. It operates approximately 2,00,000 retail outlets.
BAJAJ ELECTRICALS LIMITED 
