Bondada Engineering Wins Rs 3.92 Billion NTPC Green Energy Order

29 Dec 2025 CW Team

Bondada Engineering (BEL) has recently received a Letter of Award from NTPC Green Energy for Balance of System (BOS) works for a 300 MW solar power project at Lalitpur in Uttar Pradesh. Valued at Rs 3.92 billion, this marks Bondada Engineering’s first engagement with NTPC Green Energy.

The contract covers end-to-end execution under the EPC framework, including engineering, procurement, site development, installation, testing and commissioning. It also includes operations and maintenance services for three years after project completion. The project is scheduled for completion within 15 months from the date of the Letter of Award.

The order adds a marquee PSU client to Bondada Engineering’s renewable energy portfolio and highlights its capability to execute large-scale, utility-scale solar infrastructure projects to stringent technical and delivery standards.

Commenting on the development, Bondada Raghavendra Rao, Chairman & Managing Director, said the order strengthens the company’s EPC portfolio and reinforces its position in utility-scale solar projects, supporting strong double-digit growth visibility over the medium term.

Following this order, Bondada Engineering’s total EPC order book has crossed 3.3 GW, strengthening its medium-term growth pipeline and supporting India’s renewable energy and decarbonisation targets.

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