Bondada Engineering JV Receives ₹41 Cr Smart Meter LOI

Bondada Engineering Limited, through its Joint Venture with BEST Infra Private Limited, has received a Letter of Intent (LOI) from Northern Power Distribution Company of Telangana Limited (TGNPDCL) for a smart energy metering project. The order value is approximately ₹41.01 crore and involves the procurement, supply, installation, integration, testing, commissioning, operation, and maintenance of 40,000 smart energy meters. The project is expected to be executed within 11 months from the Purchase Order date and aligns with the expertise of Bondada's subsidiary, Bondada E&E Pvt. Ltd.