Bondada Engineering Limited has announced the receipt of a Notification of Award (NOA) from NTPC Green Energy Limited for the execution of Balance of System (BOS) works for a 600 MW solar project at Fatehgarh, Rajasthan.
This award marks a significant milestone for the company, enhancing its order book and growth visibility.
The award from NTPC Green Energy Limited involves the execution of BOS works for a 600 MW solar PV project, specifically for Block-1 and Block-3 at Fatehgarh, Rajasthan.
The project will be carried out under the Engineering, Procurement, and Construction (EPC) mode, including Operations & Maintenance (O&M) services for 3 years.
This is the second order Bondada Engineering has received from the NTPC Group, bringing the cumulative order inflow to approximately ₹1,207 crore with a total capacity nearing 1 GW.
This order underscores Bondada Engineering's strong execution capabilities and growing presence in the renewable energy sector.
The repeat order from NTPC reflects the customer's confidence in Bondada's project delivery standards.
The company's enhanced execution strength supports the acquisition and execution of large-scale orders, further strengthening its Solar EPC portfolio.
The key terms of the NOA include design, engineering, site development, manufacture, inspection at supplier’s works, supply, insurance, transport, storage, erection, installation, testing, and commissioning of a total capacity of 300 MW solar power project.
The project is to be executed within 16 months from the receipt of the NOA, with a contract size of ₹816,01,00,201.
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The project is expected to contribute significantly to Bondada Engineering's revenues and profitability during the execution period.
It also enhances medium-term revenue visibility, with the company's total Solar EPC order book now at approximately 5.3 GWp.
This provides strong execution momentum and sustained growth over the coming quarters.
As of May 08, 2026, at 2:13 PM, Bondada Engineering share price on BSE was trading at ₹358.90, up by 3.22% from the previous closing price.
Bondada Engineering's receipt of the award from NTPC Green Energy Limited for BOS works on a 600 MW solar project highlights its robust execution capabilities and growing footprint in the renewable energy sector. The order enhances the company's Solar EPC portfolio and strengthens its relationship with marquee PSU clients.
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Published on: May 8, 2026, 3:16 PM IST
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