Bondada Engineering announced on November 14, 2025, that it has received a Letter of Award from Maharashtra State Power Generation Company Limited for executing a 100 MWAC solar EPC project with land package.
The order is valued at ₹465 crore, inclusive of all taxes and duties. The project involves design, engineering, procurement, construction, testing, commissioning, and 3 years of operation and maintenance of a 100 MWAC ground-mounted solar PV power plant. The execution timeline is 450 days from the date of acceptance of the Letter of Award.
The scope includes land identification, acquisition and transfer, along with associated power evacuation systems up to the State Transmission Utility substation. The project will utilise monocrystalline PV technology at Village Jiwachiwadi, Taluka Kaij, District Beed, Maharashtra.
The Letter of Award covers identifying, procuring and developing required land, along with design, engineering, manufacturing, and inspection at supplier works. The scope encompasses packing and forwarding, transportation, supply, receipt and unloading at the site, storage, and insurance at all stages.
Associated civil works, electrical works, services, permits, licenses, operational acceptance testing, commissioning, and performance demonstration of monocrystalline PV technology are included. The solar power generated will be evacuated at the delivery point, which is the MSETCL or MSEDCL substation.
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The order has been awarded by a domestic entity and is classified as an EPC contract with land. The nature involves design, engineering, procurement, construction, testing, commissioning, and 3 years operation and maintenance of the solar plant, including land identification, acquisition and transfer.
On November 14, 2025, Bondada Engineering share price opened at ₹405.00 on BSE, above the previous close of ₹403.55. During the day, it surged to ₹423.00 and dipped to ₹405.00. The stock is trading at ₹417.75 as of 1:57 PM. The stock registered a significant gain of 3.52%.
Over the past week, it has moved up by 3.45%, over the past month, it has moved up by 0.89%, and over the past 3 months, it has moved up by 0.15%.
Bondada Engineering Limited secured a ₹465 crore order from MAHAGENCO on November 14, 2025, for a 100 MWAC solar EPC project with land package in Beed district, Maharashtra. The project includes 3 years of operation and maintenance services with a 450-day execution timeline from acceptance of the Letter of Award.
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Published on: Nov 14, 2025, 3:49 PM IST
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