en.Wedoany.com Reported - Bondada Engineering Ltd has secured an engineering, procurement, and construction (EPC) contract worth INR 13.38 billion from NTPC Renewable Energy Ltd (NTPC REL) for a 250 MW solar photovoltaic project coupled with a 50 MW/200 MWh battery energy storage system (BESS) in Uttar Pradesh.
Located in Sitapur district, the project is scheduled for execution within 18 months and ranks among the largest renewable energy projects undertaken by the company to date.
With this latest order, Bondada's solar EPC order book has expanded to approximately 5.5 GWp, while its battery storage portfolio has grown to around 1.1 GWh. The company stated that this enhances its revenue visibility and strengthens its market position in the rapidly growing solar-plus-storage segment.
The project is part of NTPC REL's strategy to scale up utility-scale renewable energy capacity and integrate energy storage systems, aimed at improving grid reliability and increasing renewable energy penetration. Dr. Bondada Raghavendra Rao, Chairman and Managing Director of the Bondada Group, stated that the order reflects growing market confidence in the company's project execution capabilities. He noted that as renewable energy deployment increasingly integrates with storage technologies, this project will further consolidate the company's position in the energy transition ecosystem.
The contract comes at a time of strong momentum in India's solar-plus-storage project sector, with developers and utilities seeking to enhance the dispatchability of renewable energy to support round-the-clock power supply. Bondada stated that the contract is expected to make a significant contribution to the company's future revenue and profitability, while enhancing its project track record in solar EPC and battery energy storage. The Hyderabad-based infrastructure company, with operations spanning renewable energy, telecommunications, and railways, is continuing to expand its utility-scale renewable energy project business amid growing investment in solar power and storage infrastructure.
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