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Bondada Engineering is rapidly expanding its footprint in India’s renewable energy sector. The company recently bagged a Rs 1,153.93 crore EPC contract to deliver a 270 MWp solar PV project across Maharashtra within six months, reinforcing its capabilities in solar and BESS solutions.
Simultaneously, its subsidiary, Onix IPP, secured a Rs 911.25 crore loan sanction from SBI to fund a separate 225 MW solar independent power producer project, underpinned by a secure 25-year PPA with MSEDCL.
News by Rahul Yelligetti.
