Announced Tue, 16 Jun · 12:53 IST
Bondada wins ₹1,338 Cr NTPC order for 250MW Solar + BESS project in UP
Price
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Price reaction · full curve 14 horizons · vs prior close
+5.0%1-day move
₹329.50
prior close
₹326.75
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.8+2.8+3.4+4.6+5.0+3.8+6.5+6.2+3.5+1.4-7.5-11.1——
Up moveDown movePending
AI summary
Bondada Engineering received a Notification of Award from NTPC Renewable Energy for an EPC contract to develop a 250 MW Solar PV project with a 50 MW/200 MWh Battery Energy Storage System at Sitapur, Uttar Pradesh. The order is valued at ₹1,338.03 crore (incl. GST) and is to be completed within 18 months. With this win, the company's Solar EPC order book has grown to ~5.5 GWp and its BESS order book to ~1.1 GWh, strengthening its renewable energy portfolio.
Likely market impact
Large PSU order materially boosts order book and revenue visibility; positive for growth and execution momentum.