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Bajel Projects Clinches New International Orders Worth Over INR4 Billion; Shares Up 4%

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-- Power transmission infrastructure company Bajel Projects (NSE:BAJEL, BOM:544042) has secured two international orders falling cumulatively in the ultra-mega category of over 4 billion Indian rupees, according to a Wednesday filing to the Indian stock exchanges.

The contract covers the construction of two contiguous sections of the 500 kV overhead transmission lines in the Middle East and North Africa region.

The project is expected to be completed in 11 months.

The company's shares were up nearly 4% in recent trade.

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