Announcement under Regulation 30 (LODR)_Receipt of multiple orders from Adani Group
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bondada Engineering Ltd has received multiple orders worth ₹469.52 crores from Adani Green Energy Ltd and Adani Green Energy Six Limited. The orders are for supply of goods and onsite services for the Balance of System (BOS) package for a 250 MW Solar Power Project at Khavda, Kutch, Gujarat. The project is to be executed within 8 months from receipt of order. With this win, the company's cumulative executed capacity for the Adani Group has reached 975 MW, strengthening its position in India's renewable energy infrastructure segment.
This is a major contract win worth nearly ₹470 crores, representing significant new order flow for the company. The execution timeline of 8 months suggests potential revenue recognition in the near term, which could be positive for the company's near-term financials.