Bondada Engineering Bags ₹125.30 Crore Solar Orders; Shares Edge Higher

Mumbai, April 29: Bondada Engineering Limited has secured orders worth ₹125.30 crore for balance of system (BOS) work related to a 75 MW solar project in Gujarat, the company said Wednesday.

The contracts are tied to a project in Khavda, Kutch, and include both supply of materials and on-site execution services. The orders have been awarded by Adani Green Energy Ltd, Adani Ports & SEZ Ltd and Ambuja Cements Ltd, according to an exchange filing.

The company said execution is expected to be completed within three months from the date of order receipt.

Stock Market Share Price

Bondada Engineering share price moved modestly higher following the announcement.

The stock was trading at ₹363.15, up ₹4.10, or 1.14%, as of 10:51 a.m. IST on April 29, compared with the previous close of ₹359.05. It traded between ₹354.85 and ₹367.95 during the session, according to exchange data.

The movement reflects steady investor interest, with the order adding visibility to the company’s near-term execution pipeline.

Strengthening Its Solar EPC Footprint

The latest win adds to Bondada’s growing presence in renewable energy infrastructure, particularly in solar EPC and related services.

With this order, the company’s cumulative executed capacity for projects linked to the Adani Group has reached 725 MW, indicating an ongoing relationship with large-scale developers.

Gujarat, especially regions like Khavda, continues to emerge as a major hub for utility-scale solar development, and companies involved in execution are seeing consistent opportunities.

Execution Will Be the Key Factor

While the order size supports revenue visibility, the timeline is relatively tight, with completion expected within three months.

For EPC players like Bondada Engineering Limited, timely execution and delivery remain critical. In this segment, order inflow is important, but consistent completion is what ultimately drives financial performance.

Source:

• https://www.bseindia.com/stock-share-price/bondada-engineering-ltd/bondada/543971
• https://www.bseindia.com/xml-data/corpfiling/AttachLive/77c0e967-2dc9-4c32-835e-f3921d21df29.pdf