Bondada Engineering bags ₹469.5 crore Adani Group solar project orders

Bondada Engineering Limited has secured multiple orders worth ₹469.52 crore from Adani Group entities for a solar power project in Gujarat.

According to the company’s exchange filing, the orders pertain to the supply of goods and onsite services for the Balance of System (BOS) package for a 250 MW solar power project at Khavda, Kutch, Gujarat, one of India’s largest renewable energy hubs.

The orders have been awarded by Adani Green Energy Limited and Adani Green Energy Six Limited.

Bondada Engineering stated that with the latest contracts, its cumulative executed capacity for the Adani Group has reached 975 MW.

The company said the contracts are domestic in nature and are expected to be executed within eight months from receipt of the orders.

The latest order win further strengthens Bondada Engineering’s presence in the renewable energy infrastructure segment and reinforces its execution capabilities in delivering large-scale solar infrastructure projects.

In its filing, the company said the continued inflow of diversified and high-value orders reflects customer confidence in its operational excellence, engineering expertise and timely project execution capabilities.

Khavda in Kutch, Gujarat, has emerged as one of India’s largest renewable energy development zones, with several major solar and hybrid energy projects under implementation.

Bondada Engineering operates as an EPC and infrastructure solutions provider with a growing focus on renewable energy and telecom infrastructure projects.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice.