Bondada Engineering Strengthens Growth Momentum with ₹1,338 Crore NTPC Renewable Energy Win; Solar EPC Order Book Reaches 5.5 GWp
Hyderabad : Bondada Engineering Limited, one of Bharat’s leading infrastructure and EPC companies, has secured a prestigious Notification of Award (NOA) from NTPC Renewable Energy Limited (NTPC REL) for the Engineering, Procurement and Construction (EPC) package of a 250 MW Solar PV Project co-located with a 50 MW / 200 MWh Battery Energy Storage System (BESS) at Sitapur, Uttar Pradesh.
Valued at approximately ₹1,338 Crore (inclusive of GST), the award marks a significant milestone in Bondada Engineering’s growth journey and further reinforces its position as a trusted partner in Bharat’s accelerating energy transition. The project is scheduled to be executed within 18 months from the date of receipt of the Notification of Award.
The project forms part of NTPC Renewable Energy Limited’s ongoing efforts to expand utility-scale renewable energy generation while integrating advanced energy storage solutions that enhance grid stability and reliability. The combination of solar generation and battery energy storage reflects the next phase of renewable energy deployment in Bharat, where clean energy generation is increasingly supported by storage infrastructure to ensure round-the-clock power availability.
This prestigious award from one of Bharat’s foremost public sector renewable energy companies underscores Bondada Engineering’s proven expertise in executing large-scale renewable energy infrastructure projects. It also reflects the growing confidence in the company’s engineering capabilities, project execution excellence, quality standards, and commitment to timely delivery.
With this latest addition, Bondada Engineering’s Solar EPC order book has expanded to approximately 5.5 GWp, while its Battery Energy Storage System (BESS) order book has grown to approximately 1.1 GWh, providing strong revenue visibility and strengthening the company’s long-term growth pipeline.
Commenting on the development, Dr. Bondada Raghavendra Rao, Chairman & Managing Director, Bondada Group, said: “We are delighted to receive this significant order from NTPC Renewable Energy Limited. The award is a testament to our team’s engineering excellence, execution capabilities, and unwavering commitment to supporting Bharat’s clean energy ambitions. As renewable energy increasingly integrates with advanced energy storage solutions, this project further strengthens our position in the rapidly evolving energy transition ecosystem. We remain focused on delivering the project with the highest standards of quality, safety, and efficiency while creating sustainable value for all stakeholders.”
The project is expected to contribute meaningfully to Bondada Engineering’s future revenues and profitability while enhancing its credentials in both the solar EPC and battery energy storage segments. It also aligns with the company’s strategic vision of becoming a leading integrated infrastructure partner across renewable energy, power systems, telecom, and transportation sectors.
As Bharat accelerates its renewable energy capacity addition and energy storage deployment, Bondada Engineering continues to strengthen its role in building the infrastructure that powers the nation’s sustainable growth journey.
