Bajaj Electricals
Bajaj Electricals to permanently close Shikohabad manufacturing unit
- Jan 4, 2022
The board of directors of Bajaj Electricals, in its meeting on January 3, 2022, approved the proposal of permanent closure of operations at the company’s manufacturing unit located at Shikohabad in Uttar Pradesh. The step has been taken in Read more
Shekhar Bajaj, CMD, Bajaj Electricals Ltd
- Dec 9, 2021
“Over the past couple of years, the Power Transmission and Power Distribution business verticals have sharpened their operational focus, ensuring project closures, increased cash flows, reduction in receivables and repayment of most of the debt, whilst simultaneously focusing Read more
Bajaj Electricals expects EPC business to turn around in FY23
- Aug 25, 2021
Bajaj Electricals Ltd expects that its EPC business, which is currently making losses, will turn around by FY23. In an investor conference, the senior management of Bajaj Electricals Ltd, observed that the entire EPC business, comprising illumination, power distribution Read more
EPC business of Bajaj Electricals to focus on illumination
- Jun 4, 2021
Bajaj Electricals will focus on the illumination business, as part of its EPC activities. This is also reflected in lower order book of the other two EPC segments – transmission line towers (TLT) and power distribution (PD). The outstanding Read more
Bajaj Electricals board approves merger of Starlite Lighting
- May 25, 2021
The board of Bajaj Electricals Ltd (BEL), in a meeting held on May 25, 2021, approved a scheme for “merger by absorption” of Starlite Lighting Ltd, with BEL. This scheme is subject to various statutory and regulatory approvals, including Read more
Most EPC sites now operational: Bajaj Electricals
- Nov 6, 2020
Bajaj Electricals has said that most of its EPC project sites, which were adversely impacted by the pandemic-induced lockdown in Q1 of FY21, are now operational. “The outbreak of COVID-19 globally and in India has caused significant disturbances and Read more
Bajaj Electricals lands mega electrification orders in Uttar Pradesh
- Apr 19, 2018
In a span of less than a week, Bajaj Electricals has announced the winning of electrification orders worth nearly Rs.6,000 crore. These orders involving rural and urban electrification will be implemented in Uttar Pradesh. Both the orders are Read more