Rs 15,000 crore order book: Solar company receives multiple orders worth Rs 77,61,20,329; Details inside!

Bondada Engineering Limited has announced the receipt of multiple significant orders collectively valued at Rs 77,61,20,329. The largest of these contracts, amounting to Rs 63,86,59,000 (including GST), was secured by its subsidiary, Bondada E&E Private Limited (Beelite), from the Panchayati Raj Department, Government of Bihar. This Letter of Intent (LOI) is for the implementation of Phase-IV of the Mukhyamantri Gramin Solar Street Light Yojana across three districts in Bihar: Bhojpur (9,150 lights), Gopalganj (7,850 lights), and Rohtas (3,510 lights). This crucial government initiative aims to enhance rural infrastructure through sustainable energy solutions. The contract is domestic and mandates an execution timeline of 90 days from the receipt of the work order.

In addition to the major Bihar project, another subsidiary, Bondada Green Engineering Private Limited, has also received work orders and Letters of Intent for Solar Projects valued at Rs 13,74,61,329. These orders, awarded by various domestic entities, including Vishwanath Projects Limited, OM Associates, Max Infra (I) Pvt Ltd, and JMR Clean Energy Private Limited, are for the supply of materials crucial to power infrastructure. The scope of work includes providing MMS HDG, 400KV and 200KV Equipment for Bay Extensions, MMS Column Post HDG, and Galvalume as per MAHAGENCO’s specifications. The execution period for these supply orders is notably short, requiring completion within 2-3 weeks from manufacturing clearance, further cementing Bondada Engineering's role in India's growing power and renewable energy sectors.

About the Company

Incorporated in 2012, Bondada Engineering Limited delivers comprehensive engineering, procurement, and Construction (EPC) and operations and maintenance (O&M) services primarily for the telecom and solar energy sectors, boasting partnerships with major telecom companies like Reliance Jio and Airtel, having successfully installed over 12,500 telecom towers and a 4,300 km OFC network; the company's manufacturing capabilities extend to telecom and transmission towers, solar MMS, and building materials under brands like Smartfix, alongside lifestyle products such as uPVC and aluminium doors and windows, and they further provide extensive O&M services for both telecom infrastructure and solar power plants, managing a solar O&M portfolio of 20 MW.

The company has a market cap of over Rs 4,400 crore and the Order Book as of September 30, 2025, stands at Rs 15,000 crore. The stock is up 22 per cent from its 52-week low of Rs 330 per share. The company's shares have an ROE of 37 per cent and an ROCE of 40 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.