Bondada Engineering Share Price in Focus on Securing LOA from AP TRANSCO for 225 MW BESS Project Worth ₹627 Crore

On January 5, 2026, Bondada Engineering Limited announced the receipt of a Letter of Award (LOA) from AP TRANSCO for a significant Battery Energy Storage System (BESS) project. This development underscores the company's growing presence in India's energy storage sector. 

Details of the AP TRANSCO Project 

The project involves setting up a 225 MW/450 MWh standalone BESS at the 400/220 kV SS Hindupur in Anantapur District, Andhra Pradesh. This initiative is under the Build-Own-Operate (BOO) model, with a contract value of ₹627 crore (₹627,00,09,768). The project is expected to be completed within 18 months from the receipt of the LOA. 

Bondada Engineering's cumulative BESS portfolio now approaches 1 GWh, reinforcing its position as a key player in the energy storage market. This project is expected to provide a stable, long-term annuity income, enhancing revenue stability and cash flow visibility. 

Strategic Significance and Financial Implications 

This order from AP TRANSCO is strategically significant for Bondada Engineering. It not only expands the company's portfolio but also aligns with India's grid-scale energy transition initiatives. The project is anticipated to contribute meaningfully to the company's revenues post-construction. 

Read More: Solarworld Energy Share Price Jump 14% After Winning ₹725-Crore Solar Project from NTPC Renewable! 

Terms and Conditions of the Order 

The order was awarded by a domestic entity, AP TRANSCO, and does not involve any related party transactions. The promoters or promoter group of Bondada Engineering have no interest in AP TRANSCO. The project is expected to be executed within the stipulated timeline, contributing to shareholder value and earnings visibility. 

Bondada Engineering Share Price Performance 

As of January 05, 2026, at 11:33 AM, Bondada Engineering share price on BSE was trading at ₹374.00 up by 1.08% from the previous closing price. 

Conclusion 

Bondada Engineering's receipt of the LOA from AP TRANSCO for the 225 MW BESS project marks a significant milestone in the company's growth trajectory. The project is set to enhance its energy storage capabilities and strengthen its position in the market. 

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