StockWatch
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Power Generation
Deals17 Oct 2026, 03:31 pm

GIPCL Confirms Bondada Engineering's ₹20 MW/120 MWh BESS Order Acceptance

AI Summary

Gujarat Industries Power Company Ltd (GIPCL) has officially confirmed the acceptance of a contract by M/s. Bondada Engineering Limited for a 20 MW/120 MWh Battery Energy Storage System (BESS). This follows GUVNL's approval and GIPCL's issuance of a Letter of Intent (LOI) to Bondada Engineering. The contract encompasses design, engineering, supply, procurement, civil and structural works, erection, testing, commissioning, and a ten-year operation and maintenance period for the BESS at GIPCL's 132 kV substation. All other details remain as previously disclosed.

Key Highlights

  • GIPCL confirms Bondada Engineering accepted the BESS contract.
  • The contract is for a 20 MW/120 MWh Battery Energy Storage System.
  • It includes a ten-year operation and maintenance period.
  • The BESS will be located at GIPCL's 132 kV substation.
  • All prior disclosed details remain unchanged.