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India-Egypt Energy Ties Soar with $40M Power Transmission Deal

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Bajel Projects Limited, a leading power transmission EPC company under the Bajaj Group, officially signed an agreement exceeding $40 million with the Egyptian Electricity Transmission Company (EETC) today in Cairo. The contract covers the construction of two contiguous sections (Lot 1 and Lot 5) of a 500 kV Overhead Transmission Line (OHTL).

Welcoming the agreement, Indian Ambassador to Egypt, H.E. Sanjeev Reddy, highlighted that Bajel Projects carries the legacy of the $40 billion Bajaj Group and a proven track record in executing large-scale infrastructure. He noted that the contract demonstrates Egypt’s continued trust in Indian engineering excellence, products, and services.

The historic agreement was signed by Mr. Rajesh Ganesh, Managing Director & CEO of Bajel Projects Limited, and Eng. Mona Rezk, Chairman of the Egyptian Electricity Transmission Company (EETC).

This ultra-mega project forms a critical component of Egypt’s flagship national grid reinforcement program. By strengthening the high-voltage transmission backbone, the project will ensure reliable power evacuation to support the country’s rapid economic and industrial expansion.

Speaking at the signing ceremony, Mr. Rajesh Ganesh remarked:

“Winning these orders is a defining moment for Bajel Projects. Being entrusted with a 500 kV transmission corridor in the MENA region reflects global confidence in our engineering capability, execution rigor, and ability to deliver complex infrastructure internationally. This contract significantly expands our footprint in the region.”

The deal solidifies Bajel Projects’ position as a trusted global EPC partner in high-voltage infrastructure. It complements the company’s expanding presence across the Middle East and North Africa, which includes a 50:50 joint venture with the Al Sharif Group in Saudi Arabia and the recent launch of its subsidiary, Bajel T & D Projects and Contracting, in Abu Dhabi, UAE.

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