Brahmaputra Infrastructure Emerges As Lowest Bidder For Rs 78 Crore Project By West Bengal State Electricity Distribution Company; Shares Edge Down 0.50%

Mumbai August, 20: Brahmaputra Infrastructure Limited has been declared L-1 bidder or lowest bidder for a ₹78.09 crore package involving tunnelling and access works for the 1,000 MW Turga Pumped Storage Project in Bagmundi, Purulia, West Bengal.

According to the company’s exchange disclosure dated August 20, 2026, the tender was invited by the Chief Engineer, Pumped Storage Project Department (PSPD), West Bengal State Electricity Distribution Company Limited (WBSEDCL).

The package covers construction of the project road and ancillary structures, the Main Access Tunnel (MAT) and the Power House Adit for four 250 MW units of the pumped storage project. Brahmaputra Infrastructure quoted ₹78.09 crore and is the sole bidder, giving it a 100% share of the tender value.

The execution period is 18 months from the date of receipt of the Letter of Intent or Letter of Award. The company said the formal Letter of Intent or Letter of Award is awaited.

Stock Market Snapshot

The Brahmaputra Infrastructure share price was trading lower despite the L-1 declaration.

As of 12:59 PM IST on August 20, 2026, shares were quoted at ₹169.75, down ₹0.85 or 0.50%, according to the market data provided. The stock opened at ₹170.60 and moved between an intraday high of ₹172.85 and a low of ₹167.70 during the session.

The company’s disclosure marks its first engagement with WBSEDCL and its entry into the pumped storage hydro-power segment, while also extending its operating presence into West Bengal.

Project Adds Hydro-Power Tunnelling Credentials

The Turga package includes underground excavation works for the Main Access Tunnel and Power House Adit, which will provide construction access to the project’s underground power house cavern.

Brahmaputra Infrastructure said execution of the package would add hydro-electric tunnelling credentials to its pre-qualification profile, relevant to tenders in hydro-power, pumped storage and underground infrastructure.

The Turga Pumped Storage Project is a 1,000 MW closed-loop pumped storage scheme being developed by WBSEDCL at the Ayodhya Hills in Bagmundi, Purulia, West Bengal. The project comprises upper and lower reservoirs and an underground power house.

The company said the award would also represent its first project with a state power utility and its first project in West Bengal, expanding its footprint beyond the North Eastern region.

Brahmaputra Infrastructure Awaits Letter Of Intent

Brahmaputra Infrastructure operates in civil construction and infrastructure works, including roads and highways, bridges, river and flood protection works, urban infrastructure and projects for central and state government authorities.

The company’s L-1 position is for a ₹78.09 crore tender value, with the formal Letter of Intent or Letter of Award still awaited. The company’s disclosure also states that the promoter or promoter group has no interest in the tender-inviting entity and that the transaction does not fall under the related-party category.

Conclusion

Brahmaputra Infrastructure has secured the L-1 position for the ₹78.09 crore access and tunnelling package at the Turga Pumped Storage Project in West Bengal.

The project would provide the company with an entry into pumped storage hydro-power and add underground tunnelling credentials to its project portfolio. Shares were trading at ₹169.75, down 0.50% as of 12:59 PM IST on August 20, 2026, according to the market data provided.

Source:

• https://www.bseindia.com/stock-share-price/brahmaputra-infrastructure-ltd/brahminfra/535693
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/bb16a8eb-b6b5-4950-9212-b27b58dd3eb5.pdf