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Bondada Engineering secures ₹109 crore EPC contract for Bihar’s Solar Street Light Project

Bondada Engineering secures ₹109 crore EPC contract for Bihar’s Solar Street Light Project

Bondada Engineering Ltd on Wednesday (December 4) announced the receipt of a work order worth ₹108.9 crore from the Bihar Renewable Energy Development Agency under the Mukhyamantri Gramin Solar Street Light Yojana.

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“…we wish to inform the stock exchange that the Company has received a work order from M/s. Bihar Renewable Energy Development Agency,” according to a stock exchange filing.

The contract involves the design, supply, installation, testing, and commissioning of smart solar street light systems with a comprehensive maintenance contract for five years, including remote monitoring capabilities.

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The project will be executed on an EPC basis using identified existing electric poles across Bihar and is expected to be completed within 18 months from the agreement’s execution.

In October this year, Bondada Engineering won an order from the Maharashtra State Power Generation Company (MAHAGENCO), its third order from the state-run discom in the last three days.

The company received the Letter of Award from the MAHAGENCO for design, engineering, manufacture, supply, erection, testing and commissioning of a Crystalline Solar PV technology Grid interactive Solar PV power plant along with associated power evacuation arrangement and five years of operation and maintenance of the same location across various districts of Maharashtra.

Also Read: Solar Industries shares surge up to 9.5% after ₹2,039 crore order win

Bondada Engineering provides EPC services and specialises in the construction of cell sites, tower foundations, electrical works, and structural aerial projects. Shares of Bondada Engineering Ltd ended at ₹588.95, down by ₹12.20, or 2.03% on the BSE.

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