Bondada Engineering Ltd Receives LOI of Rs. 63 Crores for Mukhyamantri Gramin Solar Street Light Yojana in Bihar

Bondada Engineering Ltd has received a Letter of Intent (LOI) from the Panchayati Raj Department, Government of Bihar, under the Mukhyamantri Gramin Solar Street Light Yojana (Phase-IV). The LOI amounts to Rs. 63,86,59,000/- (Rupees Sixty Three Crores Eighty Six Lakhs Fifty Nine Thousand Only) (including GST) for the implementation of Phase-IV of the scheme across Bhojpur, Gopalganj, and Rohtas districts of Bihar. The project aims to enhance rural infrastructure through the installation of solar-powered street lighting systems across the State of Bihar. This initiative reinforces the Company’s presence in the renewable energy and rural electrification segment and is expected to contribute positively to its order book and future revenue streams.