🟢 Bondada Engineering Ltd (BONDADA)
☀️ Bondada Engineering Wins Rs. 1,338.03 Cr EPC Order from NTPC for Solar BESS
Bondada Engineering secured a Rs. 1,338.03 Cr EPC order from NTPC Renewable Energy for a 250 MW solar PV project integrated with a 50 MW/200 MWh Battery Energy Storage System (BESS) at Sitapur, Uttar Pradesh.
📈 The order significantly strengthens an order book that stood at Rs. 7,147 Cr as of March 2026, taking it beyond the company's FY26 target and reinforcing its position in utility-scale renewable energy execution.
🔋 The project combines solar generation with energy storage, a fast-growing segment within India's renewable energy ecosystem, enhancing Bondada's credentials in next-generation clean energy infrastructure.
🚀 With an 18-month execution timeline, the project provides strong revenue visibility, execution momentum, and further diversification into high-value EPC opportunities.
📊 MCap: Rs. 3,884 Cr
🎯 ROCE: 38.66%
🏦 D/E: 0.42