Bajaj Electricals' (BEL) engineering, procurement & construction (EPC) division has seen a revival in performance post FY15 supported by new high margin orders. Also, BEL has bagged orders worth | 2389 crore from Purvanchal Vidyut Vitaran Nigam, UP under the Saubhagya Yojana (government's flagship rural electrification programme). This is in addition to BEL's outstanding order book of | 3000 crore (as on Q3FY18) that will be executed in 15 months. Considering the government's thrust on infrastructure development with aggressive allocation to the infrastructure...