Press Release

Bajaj Electricals Engineering & Projects BU bags orders over 70 crores

Section :Ohter Briefs, Category : Corporate

Company News
MUMBAI, September 21

The Engineering and Projects Business Unit (E&P BU) of Bajaj Electricals has bagged orders for their various businesses worth over 70 crores (Rs.61.00 crores in special projects, Rs.10.00 crores in TLT and Rs.2.00 crores in High masts and Street Lighting) showcasing the steady rise of the Engineering & Projects BU of Bajaj Electricals.

Bajaj Electricals received an order of Rs. 53.75 crores - the single largest order ever received by them from NTPC - Electric Supply Company Limited. BEL will design, supply and install of 5 33/11KV Sub-stations, 240 Kms of 11 KV lines & 400 Kms of LT lines. They will provide 1200 distribution transformer sub-stations including a detailed survey of 900 villages in the Champa district of Chattisgarh. They will also provide service connections to 40,000 BPL households.

Says, Lalit Mehta, President, Engineering & Projects BU , "This is another step forward in our diversification efforts. This job is funded by the Government of India under the Rajiv Gandhi Grameen Vidyutikaran Yojana - a scheme for Rural Electricity Infrastructure and Household Electrification whose aim is to provide access to electricity in all households in India by the year 2009.We are proud to be associated with such a venture.

BHEL has also appointed BEL for Station Lighting of the 2 * 250 MW Bakreshwar Thermal Power Project in West Bengal for 7.10 crores. BEL's Transmission Line Tower business has also received an order for 10.57 crores from GTL Ltd., Mumbai for the supply of 50/60 mtr ground based telecommunication towers.

Their Highmast & Street lighting division has received a prestigious order from Jaipur Development Authority for supply and installation of decorative cast iron poles on TONK Road from Ajmeri Gate to Jaipur Airport flyover.

They are also executing a prestigious MMRDA order worth Rs. 7.00 Crores for providing signages on the Western and Eastern Express Highways. Equally prestigious is their order from Reliance Energy Ltd. for lighting up the Western Express Highway and the Jogeshwari - Vikhroli Link Road with Bajaj galvanized "smartpoles". The streets will be illuminated by over 2800 poles and 5000 bajaj streetlight luminaries.

Adds Mr. Mehta, "Our investment in infrastructure over the past five years with the 45 crore high masts, TLT and galvanizing plant as well as more recently, our 15 crore new state of the art fabrication of high mast and octagonal poles plant is bearing fruit. This is enabling us to introduce new high-end products in the market which is tremendously driving our growth. BEL is now the market leader in High Mast Lighting, having over 60% of the market share and E & P BU has grown by 40% yoy."

Bajaj Electricals Limited (BEL) is a part of the "Bajaj Group" of India who are in the business of steel, sugar, two wheelers & three wheelers. Bajaj Electricals is well established in their range of products such as lamps & tube lights, luminaires, small household appliances, ceiling fans & table fans and turnkey engineering services. The company has been in existence for the last 60 years and has steadily grown and expanded its business both in domestic and international markets.

BEL today has five major strategic business units comprising of lighting, luminaries, electric fans, home appliances and turnkey engineering projects.

This division of BEL offers total turnkey services in LT Electricals and illumination engineering including high mast lighting. To date, this division has executed the largest number of turnkey projects in lighting and associated Electricals having a lions share in the market (above 60%) in high mast lighting. The turnkey engineering job covers a wide spectrum of applications such as airports, shipyards, port trusts, railway yards, sports stadiums, monuments, commercial complex, super thermal power stations, sub-stations, petrochemical complex, refineries, fly-over & street lighting.