Intimation of receipt pf work order
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Bondada Engineering Limited has received a Notification of Award (NOA) from NTPC Green Energy Limited (NGEL) for Balance of System (BOS) works on a 600 MW Solar PV Project in Fatehgarh, Rajasthan. The order is valued at Rs. 816.01 crore under an EPC model with 3 years of Operations & Maintenance services. This is the company's second order from the NTPC Group, bringing cumulative order inflow to approximately Rs. 1,207 crore with ~1 GW total capacity. With this award, the company's total Solar EPC order book stands at ~5.3 GWp. The execution timeline is 16 months from receipt of NOA.
The order significantly strengthens Bondada's order book and provides strong medium-term revenue visibility. The repeat order from NTPC demonstrates customer confidence in the company's execution capabilities and enhances its credibility as a renewable energy EPC player.