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Bajaj Electricals Shares in Focus; Partners with Slovakia’s SEAK for Tunnel Lighting Projects in India

Written by: Neha DubeyUpdated on: Apr 17, 2025, 10:02 AM IST
Bajaj Electricals partners with Slovakia’s SEAK to supply advanced lighting control products for tunnel projects across India using power line technology.
Bajaj Electricals Shares in Focus; Partners with Slovakia’s SEAK for Tunnel Lighting Projects in India
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Bajaj Electricals has announced an exclusive strategic collaboration with SEAK s.r.o., a Slovak Republic-based company known for its advanced lighting control electronics and software. The partnership aims to bolster tunnel lighting projects across India, reflecting Bajaj’s push into smart infrastructure solutions.

A New Chapter in Tunnel Lighting Technology

Under the agreement, SEAK will develop and supply cutting-edge lighting control products using its proprietary power line control technology. These products will include both hardware and integrated software solutions.

Bajaj Electricals will leverage these technologies for resale and for end-to-end execution covering supply, installation, testing, and commissioning (SITC) of tunnel lighting projects in India.

This collaboration positions Bajaj Electricals to play a larger role in modernising India’s tunnel infrastructure with intelligent lighting systems for energy efficiency and control.

Scope for Global Expansion

While the focus is currently on tunnel projects within India, the agreement also opens up the possibility for international collaboration. Both companies have agreed to consider joint projects in other countries on a case-by-case basis, depending on mutual interest and feasibility.

Strategic Significance

The move strengthens Bajaj Electricals’ portfolio in smart infrastructure and highlights its intent to integrate advanced European technologies into Indian projects.

For SEAK, the partnership provides a strategic entry into a fast-growing market with expanding urban infrastructure and government-led development initiatives.

Share Price Performance

As of April 17, 2025, at 09:51 AM, Bajaj Electricals Limited was trading at ₹550.50, reflecting a slight decline of 0.24% from its previous close of ₹551.85. The stock opened higher at ₹561 and touched an intraday high of ₹568.00 before dipping to a low of ₹544.15.

Conclusion

As infrastructure projects become more tech-driven, collaborations like this reflect a growing trend of blending local execution capabilities with global innovation. Bajaj Electricals’ tie up with SEAK may set the stage for similar partnerships in sectors like smart cities, highways, and urban mobility.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Apr 17, 2025, 10:02 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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