Bondada Powers Up Green Future with GreenBond RE Park

Bondada Engineering has incorporated a wholly owned subsidiary, GreenBond RE Park, as part of its strategic vision to strengthen its presence in the renewable energy sector. The new entity has an authorised and paid-up capital of ₹1 crore, comprising 10,00,000 equity shares of ₹10 each.

GreenBond RE Park will focus on a broad spectrum of power generation and distribution activities, with a core emphasis on renewable energy. Its mandate includes the generation, storage, transmission, distribution, and trading of electricity from various sources such as solar, wind, biomass, hydro, thermal, gas, and other clean technologies.

This move underscores Bondada Engineering’s commitment to sustainability, energy diversification, and alignment with India’s and global efforts toward a clean energy transition. The formation of the subsidiary positions the company to tap into the growing demand for green infrastructure and emerging opportunities in the renewable energy space.

News by Rahul Yelligetti.