Bondada Engineering Receives ₹1,154 Crore Solar EPC Order

Order Details

• Order Value: ₹1,153.93 Crores (inclusive of taxes)
• Project Type: 270 MWp Ground-Mounted Solar PV Project
• Project Location: Various locations in Maharashtra
• Awarding Entity: Domestic entity (related party)
• Execution Timeline: 6 months from receipt of the order

Significant Terms and Conditions

• Bondada Engineering Limited shall develop a ground mount Solar PV project of 270 MWp capacity
• The order represents a significant addition to the company's renewable energy portfolio
• The project reinforces the company's growing capabilities in large-scale solar EPC project execution

Related Party Considerations

• The promoter/promoter group/group companies have interest in the entity that awarded the order
• The order/contract falls within related party transactions

Strategic Context

The company continues to focus on large-scale Solar EPC, Renewable Energy, Battery Energy Storage Systems (BESS) and other emerging infrastructure opportunities, with emphasis on execution capabilities, project diversification and sustainable long-term growth.