Bondada Engineering Wins Rs 9.45 Billion Solar EPC Order from NLC

24 Dec 2025 CW Team

Bondada Engineering has received a Letter of Award from NLC India Renewables, acting on behalf of NLC India Limited, for Balance of System works for an 810 MW solar power project at the RVUNL Solar Park in Bikaner, Rajasthan.

The order, valued at approximately Rs 9.45 billion, strengthens Bondada Engineering’s position in large-scale, utility-grade solar EPC execution. The scope includes design, engineering, site development, supply, installation, testing and commissioning, along with associated power evacuation systems up to the designated delivery point. The contract also covers operations and maintenance services for three years.

Project execution is scheduled to be completed within 15 months from acceptance of the Letter of Award.

Commenting on the development, Dr Bondada Raghavendra Rao, Chairman & Managing Director, Bondada Group, said the order reflects confidence in the company’s technical capability, execution strength and growing footprint in the renewable energy sector. He added that Bondada Engineering continues to report strong year-on-year growth in consolidated turnover, supported by consistent project delivery across business verticals.

With this project, Bondada Engineering’s total EPC order book has reached close to 3 GW, reinforcing its medium-term growth pipeline. The project is expected to contribute meaningfully to revenues during the execution period while supporting India’s renewable energy expansion and decarbonisation objectives.

Real Estate

24 Dec 2025

Modon, Related, Panepinto form JV for Harborside 4 in Jersey City

Abu Dhabi-based Modon Holding PSC has formed a joint venture with US real estate major Related Companies and Jersey City-based Panepinto Properties to develop Harborside 4, a 54-storey luxury residential tower on a prime waterfront site in downtown Jersey City, New Jersey.Under the partnership, Modon will hold a majority equity stake alongside Related and Panepinto, marking another step in the group’s strategy to scale and diversify its global real estate portfolio. The project will be developed on one of the last remaining premium waterfront parcels in the city.Designed by Handel Architects..

P+Ex and Post-Tensioning Institute partner to drive sustainability

P+Ex, the Center of Excellence for Concrete Preservation and Service Life Extension, has announced a strategic partnership with the Post-Tensioning Institute (PTI) aimed at advancing sustainability, durability, and resilience in the built environment.The collaboration brings together P+Ex’s expertise in concrete preservation, repair, and service life extension with PTI’s global leadership in post-tensioning technology. Through this alliance, the two organisations will work to advance best practices in durability-focused design for new structures, while also promoting effective repair, reha..

India’s Largest 2,000 MW Subansiri Hydro Project Turns Operational

India’s largest hydropower project, the 2,000 MW Subansiri Lower Hydroelectric Project, has finally become operational with the commissioning of its first unit, marking a major milestone after nearly 20 years of development marked by delays, protests and cost escalation.The 250 MW Unit-2 of the project, located on the Subansiri River at Gerukamukh on the Assam–Arunachal Pradesh border, was virtually inaugurated from New Delhi by Union Minister of Power Manohar Lal Khattar. The event was attended by Pankaj Agarwal, Secretary (Power), and Bhupender Gupta, Chairman and Managing Director, Nati..