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Bondada Engineering Ltd has received a Letter of Intent from the Adani Group for a ₹10.5 billion order related to a 650 MW solar power project. The contract involves the supply and installation of key infrastructure, reinforcing Bondada’s growing presence in India’s renewable energy sector.
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Key Developments
- Bondada Engineering Ltd confirmed receipt of a Letter of Intent (LOI) from the Adani Group for a major solar infrastructure project
- The ₹10.5 billion order pertains to the supply of goods and installation services for a 650 MW solar power project
- The project scope includes engineering, procurement, and construction (EPC) responsibilities, aligning with Bondada’s core competencies in renewable energy infrastructure
- This contract significantly strengthens Bondada’s order book and positions the company as a key player in India’s solar energy expansion
- The announcement follows Bondada’s recent successful commissioning of 78.3 MW solar projects across five Indian sites, demonstrating consistent execution capabilities
This development underscores the company’s strategic alignment with India’s clean energy goals and its growing collaboration with leading industry players like the Adani Group.
Sources: The Hindu BusinessLine, India Infoline, Business Standard.
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