New Launch23 May 2025, 11:39 am
Bondada Engineering Ltd. Secures 2000 MW Solar Power Capacity Allocation from Andhra Pradesh Government
AI Summary
Bondada Engineering Ltd. has received a Government Order (GO) from the Government of Andhra Pradesh for the allocation of 2000 MW AC / 2600 MWp DC Solar Power capacity at various locations across Ananthapuramu and Sri Sathya Sai districts. The allocation is subject to ensuring no overlap with areas already allotted to other developers for renewable energy (RE) projects or wind resource assessment studies and is to be implemented within 24 months. This strategic allocation marks a significant milestone for Bondada Engineering Limited and reaffirms their commitment to contributing to India’s renewable energy ambitions through large-scale, sustainable infrastructure development.
Key Highlights
- Allocation of 2000 MW AC / 2600 MWp DC Solar Power capacity in Andhra Pradesh
- Subject to ensuring no overlap with areas already allotted to other developers for renewable energy (RE) projects or wind resource assessment studies
- To be implemented within 24 months in accordance with the Andhra Pradesh Integrated Clean Energy Policy — 2024
- Increases the order book of the Company to approximately Rs. 14,000+ Crs
- Expected to add a revenue of Rs. 1,160 Crs from IPP from FY 2029 onwards