Bondada Engineering Ltd signs Framework Agreement with Adani Group

Bondada Engineering Limited, signed a Framework Agreement with Adani Group to mark the beginning of a Strategic Design and Construction Partnership in renewable energy.

The framework for this long-term partnership was signed by Shri Vineet Jain, Managing Director and CEO of Adani Green Energy Limited (AGEL) and Dr Bondada Raghavendra Rao, Chairman and Managing Director, Bondada Engineering Limited (BEL) during a special ceremony at Adani Corporate Office, Shantigram, Ahmedabad on 18th November 2025.

As the first tranche under this five-year Strategic Partnership Framework, Bondada Engineering Ltd, an order for 650 MW solar energy works was recently awarded to BEL by AGEL.

Adani Group has ambitious plans to play a significant role in turning the vast stretches of barren land in the Khavda region of Kutch district into green powerhouse of the nation under GoI's RE Mission by setting up the world's largest RE plant of 30 GW capacity in their Khavda RE park, for which Adani Group selected Bondada Group as their strategic design and construction partner.

This Agreement is a befitting recognition to Bondada Engineering Ltd's rapid strides in the RE sector and emergence as a major solar energy player in the national renewable energy space.

Bondada Engineering Ltd has recently crossed a major milestone of commissioning 1 GW solar energy. With about 1.8 GW solar works in progress and another 2.5 GW orders in hand in addition to 2.0 GW IPP work in Andhra Pradesh, the company is set to play a significant role in achieving the national renewal energy mission.

Source : Equity Bulls

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BondadaEngineering FrameworkAgreement AdaniGroup