Bondada Engineering Ltd receives LOI from Adani Group

Bondada Engineering Limited has received a Letter of Intent (LOI) from Adani Group.

The scope of work pertains to the supply of Goods for the Balance of System (BOS) for the 650 MW Solar Power Project at Khavda Renewable Energy Park, Gujarat. It includes complete design, engineering, manufacturing, procurement, quality assurance, packing, and delivery of materials at site. The scope also covers onsite services, including receipt, unloading, storage, handling, installation, testing, and commissioning of free-issue materials, along with associated civil, mechanical, electrical, and structural works required for successful project commissioning.

The order size is Rs. 1,050 Crs (Exclusive of Taxes) (Rupees One Thousand and Fifty Crores Only).

This LOI reaffirms the Company's continued participation and recognition in the renewable energy infrastructure domain, further strengthening its order book and execution pipeline.

The Company is delighted to be associated with this project and remains committed to contributing to India's clean energy mission.

Source : Equity Bulls

Keywords

BondadaEngineering LOI AdaniGroup SolarPowerProject Khavda