Bondada gets LOI for 120 MWh Vanadium Redox Flow BESS EPC project in Gujarat
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Bondada Engineering has received a Letter of Intent from Gujarat Industries Power Company Ltd, a Gujarat state government PSU, for the EPC package of a 20 MW / 120 MWh Vanadium Redox Flow Battery Energy Storage System at GIPCL's 165 MW power plant in Vadodara, Gujarat. The contract includes 10 years of operations and maintenance, with 18 months for project completion. Bondada claims this is India's largest grid-scale VRFB BESS project. No order value was disclosed in the filing.
Entry into advanced long-duration energy storage from a state PSU client boosts order book visibility, though undisclosed order value limits impact assessment.