Bondada Engineering Lands Major Contract with KPI Green Energy

Bondada Engineering Limited ("BONDADA") has secured a significant order from KPI Green Energy Limited, marking a major milestone in their business operations. The contract is valued at ₹59,00,02,024 (Fifty-Nine Crore Two Thousand and Twenty-Four), reflecting the substantial scale and importance of this deal.

This contract involves the supply of Balance of System (BOS) items and services. These are critical components required for the Engineering, Procurement, and Construction (EPC) works that BONDADA will be undertaking. The comprehensive nature of this contract highlights BONDADA’s expertise and capability in delivering complex engineering solutions.

The EPC works will be carried out at two locations in Gujarat, demonstrating the geographical spread and operational reach of both BONDADA and KPI Green Energy. This regional focus underscores the strategic importance of Gujarat as a hub for renewable energy projects in India.

Included in the contract value is the Goods and Services Tax (GST), indicating the full financial commitment and transparency in the deal. The inclusion of GST ensures compliance with national tax regulations, fostering a smooth execution of the project.

This order strengthens BONDADA’s position in the renewable energy sector, showcasing their ability to secure and execute large-scale projects. It also highlights the growing demand for advanced engineering solutions in India's renewable energy market.

News by Rahul Yelligetti