Bondada Engineering Limited (BEL) has secured a significant EPC order valued at approximately ₹945.10 crore from NLC India Renewables Limited, acting on behalf of NLC India Limited. The contract relates to Balance of System works for an 810 MW solar power project at the RVUNL Solar Park in Bikaner, Rajasthan, further strengthening the company’s presence in large-scale renewable energy infrastructure.
The scope of work includes complete design and engineering, site development, supply, installation, testing and commissioning of the solar project, along with the associated power evacuation systems up to the designated delivery point. The contract also includes operations and maintenance services for a period of three years. The project is scheduled to be executed within 15 months from the acceptance of the Letter of Award.
This order marks an important milestone for Bondada Engineering, reflecting its growing capabilities in executing complex, utility-scale solar projects. The company has consistently demonstrated strong execution strength across renewable energy, telecom and railway infrastructure, supported by experienced teams and robust project management systems.
Commenting on the order, Dr Bondada Raghavendra Rao, Chairman and Managing Director of Bondada Group, stated that the project underscores the trust placed in Bondada Engineering’s technical expertise and delivery capabilities. He noted that the company remains committed to maintaining high standards of quality, safety and timely execution while supporting India’s renewable energy transition.
With the addition of this project, Bondada Engineering’s total EPC order book now stands close to 3 GW, providing strong medium-term revenue visibility. The project is expected to contribute meaningfully to the company’s financial performance over the execution period while creating long-term value for stakeholders. The order also aligns with India’s national renewable energy and decarbonisation goals, supporting the expansion of clean energy capacity and reduction of carbon emissions.
As the renewable sector continues to scale, Bondada Engineering is well positioned to play a key role in delivering large, complex infrastructure projects across the country. With ₹1,216 crore in revenue, ₹143.03 crore in EBITDA, ₹92.56 crore in PAT, and an order book worth ₹5,989 crore, Bondada Engineering is well-placed for continued growth. Founded in 2012 and headquartered in Hyderabad, the company operates modern manufacturing facilities in Andhra Pradesh and Telangana, maintaining a strong presence across India.
