Key Quantitative Figures
- Order value: ₹41,01,42,500 (Rupees Forty One Crores One Lakh Forty-Two Thousand Five Hundred Only), inclusive of taxes
- Total smart meters: 40,000 units
- Single-phase smart energy meters: 12,500
- Three-phase smart energy meters: 27,500
- Execution timeline: 11 months from the date of Purchase Order execution
Parties Involved
- Bondada Engineering Limited (BEL) - Recipient company through Joint Venture
- Joint Venture partner: BEST Infra Private Limited
- Awarding entity: Northern Power Distribution Company of Telangana Limited (TGNPDCL)
- Subsidiary involvement: Bondada E&E Pvt. Ltd (will provide product portfolio alignment)
Project Scope and Details
The project involves comprehensive smart energy metering services including:
- Procurement, supply, installation, integration, testing, and commissioning of smart energy meters
- Operation and maintenance of smart energy meters
- PP Box maintenance
- Associated network operations and monitoring
- Cloud-based systems implementation:
- Head-End System (HES)
- Meter Data Acquisition System (MDAS)
- Meter Data Management System (MDMS)
Regulatory and Compliance Information
- Disclosure made under Regulation 30 of SEBI (LODR) Regulations, 2015
- Domestic entity award: Confirmed as domestic contract
- No promoter/promoter group/group company interest in the entity awarding the order
- Does not fall within related party transactions
Strategic Alignment and Execution
- Project strategically aligned with product portfolio of subsidiary Bondada E&E Pvt. Ltd
- Execution will leverage subsidiary's expertise, resources, and operational strengths
- Company committed to timely and efficient project execution
- Part of expansion strategy across high-growth infrastructure and technology-enabled sectors