Key Quantitative Figures
The Battery Energy Storage System (BESS) project has a rated capacity of 20 MW/120 MWh at the point of injection at GIPCL's 132 kV substation. The operation and maintenance period is specified as ten (10) years.
Dates of Action
The original intimation regarding the contract award was made on 11 August 2026. The Letter of Intent was issued subsequent to approval from GUVNL and was formally accepted by Bondada Engineering Limited on 17 October 2026 through email communication.
Parties Involved
- Issuing Company: Gujarat Industries Power Company Limited (GIPCL)
- Contractor: M/s. Bondada Engineering Limited, Hyderabad
- Approving Authority: GUVNL (Gujarat Urja Vikas Nigam Limited)
Project Scope
The contract covers comprehensive services including design, engineering, supply and procurement, civil and structural works, erection, testing, commissioning, and operation & maintenance for the BESS project.
Financial Impact
Financial impact not quantified in the disclosure. The document states that all details required under SEBI Listing Regulations remain unchanged from the earlier intimation dated 11 August 2026.