Bondada Engineering gets CEA approval for 300 MW solar project

0 min read     Updated on 23 Jul 2026, 11:29 AM
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Bondada Engineering secured CEA approval for the energization of a 300 MW solar power project at Khavda, Gujarat, executed for NLC India Renewables on an EPC basis. This milestone allows the addition of 300 MW to the grid and highlights the company's capability in utility-scale renewable projects for CPSEs.

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Bondada Engineering has received approval for energization from the Central Electricity Authority (CEA) for a 300 MW grid-connected solar power project at Khavda, Gujarat. The project is being executed on an Engineering, Procurement and Construction (EPC) basis for NLC India Renewables Limited. This approval paves the way for adding 300 MW of solar power to the grid, marking a significant milestone in the company's renewable energy portfolio.

Project Overview

The CEA approval is a critical regulatory step for the project's energization. The following table summarizes the key details of the development:

Parameter Details
Approving Authority Central Electricity Authority (CEA)
Project Capacity 300 MW
Project Location Khavda, Gujarat
Client NLC India Renewables Limited
Execution Basis Engineering, Procurement and Construction (EPC)

Strategic Significance

The Central Electricity Authority is the apex technical body under the Ministry of Power, Government of India. Securing this clearance underscores Bondada Engineering's execution capabilities in delivering large-scale renewable energy infrastructure projects for leading Central Public Sector Enterprises (CPSEs). This achievement reinforces the company's position as a trusted partner in India's clean energy transition.

Historical Stock Returns for Bondada Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+2.52%+2.38%-0.60%-13.04%-29.12%+891.98%

What is the expected timeline for the full energization and commercial operation of the 300 MW project?

How will this project impact Bondada Engineering's order book and revenue projections for the upcoming fiscal year?

Does this CEA approval position Bondada Engineering to secure similar large-scale EPC contracts from other CPSEs?

Bondada Engineering wins India's first 100 MWh VRFB BESS order

1 min read     Updated on 20 Jul 2026, 12:09 PM
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Bondada Engineering has received a Notification of Award from NTPC Renewable Energy Limited for the EPC development of a 100 MWh Vanadium Redox Flow BESS at Khavda Solar Park, including 10 years of O&M. This landmark project, India's first and largest grid-scale VRFB BESS, involves Delectrik Systems Pvt Ltd as the Technology Partner and must be completed within 10 months. The award leverages VRFB technology's advantages of over 25 years of service life and high safety, aligning with India's target of 236 GWh storage capacity by 2030.

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Bondada Engineering has secured India's first and largest grid-scale 100 MWh Vanadium Redox Flow Battery Energy Storage System (VRFB BESS) order from NTPC Renewable Energy Limited. The project, located at Khavda Solar Park in Gujarat, includes an EPC package for the development of the storage system along with 10 years of Operations and Maintenance (O&M). This award marks a significant milestone for the company as it forays into advanced Long Duration Energy Storage (LDES) technologies.

Project and Technology Details

The project utilizes Vanadium Redox Flow Battery (VRFB) technology, with Delectrik Systems Pvt Ltd serving as the Technology Partner. VRFB technology offers a service life of over 25 years, significantly longer than the 12–15 years typical of conventional Lithium Iron Phosphate (LFP) batteries. It provides high intrinsic safety, stable performance under frequent cycling with near-zero degradation, and reduced operational expenditure. Additionally, the use of domestic vanadium resources aligns with the government's vision of strengthening indigenous energy security.

The following table summarises the key parameters of the awarded project:

Parameter: Details
Awarding Authority: NTPC Renewable Energy Limited
Project Type: EPC Package including 10 years of O&M
Technology: Vanadium Redox Flow BESS
Capacity: 100 MWh
Project Location: Khavda Solar Park, Gujarat
Execution Period: 10 Months from receipt of NOA

Strategic Significance

The Government of India has set a target of deploying approximately 236 GWh of Battery Energy Storage Systems by 2030, while the current installed capacity is only around 3.3 GWh. This gap highlights the immense growth opportunity in the Indian energy storage market. By securing this landmark order, Bondada Engineering demonstrates its ability to execute energy storage projects involving next-generation technologies, thereby strengthening its position in the rapidly expanding BESS sector.

Historical Stock Returns for Bondada Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+2.52%+2.38%-0.60%-13.04%-29.12%+891.98%

How will this project influence the adoption of VRFB technology in India's energy storage market?

What are the potential cost implications of using VRFB compared to conventional LFP batteries for large-scale storage?

Could this milestone lead to increased partnerships between Indian firms and technology providers for LDES solutions?

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1 Year Returns:-29.12%