Bondada Engineering Limited shares gained over 2% following the announcement of securing a strategically significant EPC order worth ₹391.38 crores from NTPC Green Energy Limited (NGEL). This substantial contract represents the company's first order from NTPC Green Energy and marks a major milestone in strengthening its renewable energy portfolio.

Stock Performance and Market Response

Shares of Bondada Engineering traded at ₹374.20 on BSE, reflecting a 2.13% gain from the day's opening. The positive market response demonstrates investor confidence in the company's growing order book and execution capabilities in the renewable energy sector.

Project Specifications

The contract involves Balance of System (BOS) works for establishing a 300 MW Solar PV Project at Lalitpur under Engineering, Procurement and Construction (EPC) mode, complemented by Operations & Maintenance (O&M) services. The following table outlines the key project parameters:

Comprehensive Scope of Work

The EPC contract encompasses design, engineering, site development, manufacturing, inspection at suppliers' works, supply, insurance, transport, storage, erection, installation, testing and commissioning of the complete solar power project. This comprehensive scope demonstrates Bondada Engineering's integrated capabilities across the entire solar project development lifecycle.

Enhanced Order Book Position

This contract significantly strengthens Bondada Engineering's market position, with the company's total EPC orders now standing at approximately 3.3 GW. The robust order book follows the recent major contract win worth ₹945.10 crores from NLC India Limited for an 810 MW solar power project at RVUNL Solar Park in Bikaner, Rajasthan. The combined order value represents nearly one-fifth of the company's market capitalisation of over ₹4,000 crores.

Strategic Business Impact

The successive contract awards from marquee PSU clients reinforce Bondada Engineering's execution capabilities and market credibility in utility-scale solar infrastructure projects. These orders provide strong revenue visibility and execution momentum, positioning the company for sustained growth in the expanding renewable energy sector while enhancing long-term stakeholder value.

Bondada Engineering Limited has announced securing a major order valued at ₹945 crores, marking a significant business development for the infrastructure company listed on the SME exchange.

Order Details

The company has successfully won this substantial contract, though specific details regarding the project scope, timeline, and client information have not been disclosed in the current announcement.

Business Impact

This order represents a major milestone for Bondada Engineering Limited, particularly given its status as an SME-listed company. The substantial value of ₹945.00 crores indicates the company's capability to secure large-scale infrastructure projects.

Company Profile

Bondada Engineering Limited operates in the Infrastructure Developers & Operators sector and is classified under the Small Cap category. The company trades on the BSE SME platform, reflecting its position as a growing enterprise in the infrastructure development space.

The successful securing of this significant order demonstrates the company's competitive positioning in the infrastructure sector and its ability to attract substantial project contracts.