Bondada Engineering Wins ₹391 Crore NTPC Green Energy EPC Order For 300 MW Solar Project At Lalitpur

Bondada Engineering Limited has announced receipt of a key EPC mandate from NTPC Green Energy Limited for setting up Balance of System works for a 300 MW solar PV project at Lalitpur. The scope spans design, engineering, supply, logistics, erection, installation, testing and commissioning, along with operations and maintenance services for three years.
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The order, estimated at ₹391.38 crore inclusive of GST, is to be executed within 15 months from the Letter of Award, reinforcing Bondada’s execution credentials in large, utility‑scale solar projects. With this win, the company’s total EPC orders in hand rise to around 3.3 GW, materially improving medium term revenue visibility and profitability outlook.
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Key Highlights

• Name of awarding entity: NTPC Green Energy Limited.
• Scope: Full BOS EPC plus three‑year O&M for 300 MW solar PV project at Lalitpur.
• Contract value: Approximately ₹391.38 crore (inclusive of GST).
• Execution timeline: 15 months from receipt of LOA, followed by three years of O&M.
• Order book impact: Takes total EPC orders in hand to about 3.3 GW, enhancing growth and earnings visibility.

Sources: BSE India corporate filing of Bondada Engineering Limited,