Bondada Engineering Limited (BEL) has received a significant boost to its order book with a Letter of Intent (LOI) from Adani Group for a large-scale solar project. The company is set to play a crucial role in India's renewable energy sector.

Project Details

The LOI outlines a comprehensive scope of work for a 650 MW Solar Power Project at Khavda Renewable Energy Park, Gujarat. Here are the key aspects of the project:

Scope of Work

Bondada Engineering's responsibilities for this project are extensive, encompassing:

• Supply of Goods for the Balance of System (BOS)
• Complete design and engineering
• Manufacturing and procurement
• Quality assurance, packing, and on-site delivery
• Installation, testing, and commissioning
• Associated civil, mechanical, electrical, and structural works

Significance for Bondada Engineering

This LOI represents a significant milestone for Bondada Engineering, reinforcing its position in the renewable energy infrastructure domain. The project aligns with India's clean energy mission and substantially strengthens the company's order book and execution pipeline.

Corporate Governance

In line with regulatory requirements, Bondada Engineering has promptly disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that this contract does not fall under related party transactions, and there is no interest from the promoter/promoter group in the awarding entities.

Upcoming Financial Results

Bondada Engineering has scheduled a Board Meeting for October 28, 2025, to consider and approve the unaudited Financial Results for the half year ended September 30, 2025. The trading window for the company's shares will remain closed from October 1, 2025, to October 30, 2025, in compliance with regulatory norms.

This project win comes at an opportune time for Bondada Engineering, potentially impacting its financial performance positively in the coming quarters. Stakeholders will be keenly watching how this large-scale project contributes to the company's growth trajectory in the burgeoning renewable energy sector.

Bondada Engineering Limited (BEL) has announced a significant development in its business operations, securing a substantial supply contract from JMR Clean Energy Private Limited. This contract marks an important step for the company in strengthening its position in the renewable energy infrastructure sector.

Contract Details

The company's subsidiary, Bondada Green Engineering Private Limited, has received a Letter of Intent (LOI) from JMR Clean Energy for the supply of crucial components for MSEDCL Solar Projects. Here are the key details of the contract:

Significance of the Contract

This new contract is a testament to Bondada Engineering's growing presence in the renewable energy infrastructure domain. The company views this as an opportunity to further strengthen its order book and execution pipeline.

Company's Commitment

In light of this development, Bondada Engineering has reaffirmed its commitment to contributing to India's clean energy mission. The company expressed its delight in being associated with this project, viewing it as a step forward in its participation in the renewable energy sector.

Regulatory Compliance

The disclosure of this contract aligns with the company's commitment to transparency and compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Bondada Engineering has duly informed the BSE Limited about this development, adhering to Regulation 30 and other applicable provisions.

This contract not only represents a significant business opportunity for Bondada Engineering but also underscores the growing momentum in India's renewable energy sector. As the country continues to push for cleaner energy sources, companies like Bondada Engineering are playing a crucial role in building the necessary infrastructure.