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Bondada Engineering Secures Rs 469 Crore Adani Orders
18 May
Summary
- Bondada Engineering won Rs 469.52 crore orders from Adani Green Energy.
- Orders are for a 250 MW solar project in Gujarat's Khavda hub.
- Project execution will take eight months from order receipt.
Bondada Engineering has secured multiple orders totaling Rs 469.52 crore from Adani Green Energy and Adani Green Energy Six. These contracts are for the Balance of System (BOS) package for a 250 MW solar power project situated in Khavda, Kutch, Gujarat. This significant award boosts Bondada's executed capacity for the Adani Group to 975 MW.
The company highlighted that these new agreements reinforce its position in the renewable energy infrastructure sector and underscore its ability to execute large-scale solar projects for major clients. The projected timeline for completing the project is eight months from the date the orders were received.
Bondada Engineering, which offers EPC and O&M services for telecom and solar energy, reported a rise in its consolidated net profit to Rs 62.88 crore in Q4 FY26. Revenue from operations also increased by 27.9% YoY to Rs 913.85 crore in the same quarter.
