Hyderabad, June 16: Bondada Engineering Ltd has received a ₹1,338.03 crore contract from NTPC Renewable Energy Ltd (NTPC REL) for the development of a 250 MW solar photovoltaic project integrated with a 50 MW/200 MWh battery energy storage system (BESS) at Sitapur in Uttar Pradesh.
The company said it has received a Notification of Award (NoA) for the engineering, procurement and construction (EPC) package for the project, which is scheduled to be completed within 18 months from the receipt of the award.
Valued at ₹1,338.03 crore, inclusive of GST, the order marks one of the company’s significant wins in the renewable energy sector and further strengthens its position in utility-scale solar and energy storage projects.
Bondada Engineering said the award from NTPC Renewable Energy, one of the country’s leading public-sector renewable energy companies, reflects confidence in the company’s engineering capabilities and execution track record in delivering large-scale clean energy infrastructure.
With the latest contract, Bondada’s solar EPC order book has expanded to around 5.5 GWp, while its battery energy storage system order book has risen to nearly 1.1 GWh, enhancing revenue visibility and providing a strong platform for long-term growth.
The project involves the development of a utility-scale solar plant coupled with battery storage infrastructure, a combination increasingly being adopted to ensure grid stability and support round-the-clock renewable power supply.
The company said the order is expected to contribute meaningfully to future revenues and profitability while strengthening its participation in India’s energy transition.
The award adds to a growing pipeline of large renewable energy and storage projects being implemented across the country as India accelerates its clean energy capacity expansion and grid-scale storage deployment.