Bondada Engineering has secured a contract from NTPC Green Energy for balance of system (BoS) works related to a 600 MW solar project located in Fatehgarh, Rajasthan. This engineering, procurement, and construction (EPC) contract encompasses Block 1 and Block 3, which involves a range of tasks including design, engineering, site development, installation, and commissioning.
Furthermore, the agreement stipulates three years of operations and maintenance services. The contract, valued at approximately Rs 816 crore, is expected to be completed within 16 months following the issuance of the Notification of Award.
This repeat business underscores the client’s trust in the company’s technical capabilities and execution quality. It marks the second major order from the NTPC Group, increasing Bondada’s total order inflow from the PSU to Rs 1,207 crore, with an overall capacity nearing one GW.
With this new contract, Bondada’s total solar order book has now reached approximately 5.3 GWp, ensuring robust revenue visibility and growth potential for the upcoming quarters.
