Bondada Engineering Secures ₹816 Crore NTPC Green Energy Solar Project Contract

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Bondada Engineering has secured a major engineering, procurement, and construction (EPC) contract from NTPC Green Energy for balance of system (BoS) works at a 600 MW solar power project in Fatehgarh, Rajasthan. The contract covers Block 1 and Block 3 of the project and includes end-to-end responsibilities such as design, engineering, site development, installation, testing, and commissioning.

In addition to project execution, the scope also includes three years of operations and maintenance services, reinforcing Bondada’s long-term involvement in the project. The contract is valued at approximately ₹816 crore and is expected to be completed within 16 months from the date of the Notification of Award.

This marks another significant milestone for Bondada Engineering, reflecting NTPC Group’s continued trust in the company’s execution capabilities and technical expertise. It is the second major order secured from the NTPC Group, taking Bondada’s cumulative order inflow from the PSU to ₹1,207 crore, with a combined project capacity nearing 1 GW.

With this latest win, Bondada Engineering’s total solar order book has expanded to approximately 5.3 GWp. The growing order pipeline strengthens the company’s revenue visibility and positions it for sustained growth in the renewable energy sector in the coming quarters.

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