Bondada Engineering Wins ₹469.52 Crore Orders From Adani Group for 250 MW Solar BOS Package at Khavda

1 min read     Updated on 18 May 2026, 11:36 AM
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AI Summary

Bondada Engineering has won multiple orders worth ₹469.52 crores from Adani Green Energy Ltd and Adani Green Energy Six Limited for a 250 MW Balance of System package at Khavda, Kutch, Gujarat. The orders, to be executed within 8 months, take the company's cumulative executed capacity for the Adani Group to 975 MW, reinforcing its position as a leading renewable energy EPC player in India.

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Bondada Engineering has secured multiple orders aggregating to ₹469.52 crores from Adani Green Energy Ltd and Adani Green Energy Six Limited for the supply of goods and onsite services for a 250 MW Balance of System (BOS) package. The project is located at Khavda, Kutch, Gujarat — one of India's largest renewable energy hubs. The orders, disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are to be executed within 8 months from the receipt of the order.

Order Details

The following table summarises the key parameters of the newly secured orders:

Parameter: Details
Awarding Entities: Adani Green Energy Ltd & Adani Green Energy Six Limited
Order Value: ₹469.52 crores
Scope: Supply of goods and onsite services for 250 MW BOS Package
Project Location: Khavda, Kutch, Gujarat
Entity Type: Domestic
Related Party Transaction: No
Promoter/Group Interest: No
Expected Completion: 8 months from receipt of order

Cumulative Capacity Milestone

With the addition of this 250 MW BOS package, Bondada Engineering's cumulative executed capacity for the Adani Group has reached 975 MW. This milestone reflects the company's growing presence in large-scale solar and renewable energy infrastructure, particularly in executing Balance of System packages for marquee industry players. The continued inflow of high-value orders reflects the confidence reposed by reputed customers in the company's operational excellence, engineering expertise, and timely project execution capabilities.

Key Highlights

  • Order Value: ₹469.52 crores
  • Awarding Entities: Adani Green Energy Ltd and Adani Green Energy Six Limited
  • Package Type: 250 MW BOS Package
  • Project Location: Khavda, Kutch, Gujarat
  • Cumulative Executed Capacity (Adani Group): 975 MW
  • Completion Timeline: 8 months from receipt of order

Historical Stock Returns for Bondada Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+3.77%-2.17%-6.68%-18.69%-15.40%+1,022.33%

With cumulative executed capacity for Adani Group reaching 975 MW, how close is Bondada Engineering to securing a potential 1 GW milestone contract, and what revenue visibility could that unlock?

Given the 8-month execution timeline for a ₹469.52 crore order, how might this impact Bondada Engineering's near-term revenue recognition and margin profile for FY2025-26?

As Khavda, Kutch is being developed into one of India's largest renewable energy hubs, what additional BOS package opportunities could emerge for Bondada Engineering from Adani Green's planned capacity expansion in the region?

Bondada Engineering Commissions 107.7 MWp Solar Projects in April 2026, Eyes 1.5 GWp Target for FY 2026–27

1 min read     Updated on 11 May 2026, 01:55 PM
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AI Summary

Bondada Engineering Limited commissioned solar power projects totalling 107.7 MWp in April 2026, executed for SCCL, Paradigm IT, and MAHAGENCO across Maharashtra and Telangana. The milestone was disclosed under Regulation 30 of SEBI's LODR Regulations, 2015. The company has strengthened its execution pipeline and is targeting a commissioning capacity of 1.5 GWp for FY 2026–27. The projects were delivered through robust engineering practices and strict adherence to quality and safety standards.

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Bondada Engineering Limited has successfully commissioned solar power projects aggregating to 107.7 MWp during April 2026, marking a significant operational milestone in its renewable energy EPC journey. The development was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details and Client Portfolio

The commissioned projects were executed for reputed clients across multiple locations in two states. The following table summarises the key details of this commissioning update:

Parameter: Details
Total Capacity Commissioned: 107.7 MWp
Commissioning Period: April 2026
Clients: SCCL, Paradigm IT, and MAHAGENCO
Project Locations: Maharashtra and Telangana
FY 2026–27 Commissioning Target: 1.5 GWp

The projects span multiple locations across Maharashtra and Telangana, reflecting the company's expanding geographic footprint in the utility-scale solar segment.

Execution Capabilities and Operational Standards

The successful commissioning underscores Bondada Engineering's strong execution capabilities and technical expertise in the renewable energy EPC segment. The projects were delivered through robust engineering practices, efficient project management, and strict adherence to quality and safety standards, ensuring timely and seamless execution.

Key highlights of the commissioning milestone include:

  • Aggregated capacity of 107.7 MWp commissioned in a single month
  • Projects executed for three distinct clients — SCCL, Paradigm IT, and MAHAGENCO
  • Delivery across multiple locations in Maharashtra and Telangana
  • Adherence to quality and safety standards throughout project execution

Strategic Focus and Growth Targets

With this commissioning, Bondada Engineering has strengthened its execution pipeline and reaffirmed its focus on achieving a commissioning target of 1.5 GWp for FY 2026–27. The company remains committed to expanding its renewable energy portfolio through operational excellence and disciplined capital allocation, with a focus on sustainable growth and long-term value creation for all stakeholders.

This achievement further reinforces the company's position as a trusted EPC partner for large-scale solar projects and underscores its contribution towards India's renewable energy transition.

Historical Stock Returns for Bondada Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
+3.77%-2.17%-6.68%-18.69%-15.40%+1,022.33%

With only 107.7 MWp commissioned in April against a 1.5 GWp annual target, what is Bondada Engineering's monthly execution ramp-up plan to bridge the remaining ~1.39 GWp gap within FY 2026–27?

How might Bondada Engineering's expanding client base and geographic presence in Maharashtra and Telangana position it to secure new state-level renewable energy tenders in these regions?

What are the potential risks — such as supply chain disruptions, land acquisition delays, or grid connectivity issues — that could threaten Bondada Engineering's ability to meet its 1.5 GWp commissioning target?

More News on Bondada Engineering

1 Year Returns:-15.40%