Bondada Engg gets LoA for a BESS project worth Rs. 627 cr

Bondada Engineering has received a Letter of Award (LOA) from AP TRANSCO (Transmission Corporation of Andhra Pradesh Ltd) for the development of a large-scale Standalone Battery Energy Storage System (BESS) project.

This order is strategically significant for the Company as it establishes a long-term annuity-based revenue stream, thereby enhancing revenue stability, cash flow visibility and return predictability.

With the receipt of this order, Bondada Engineering Limited’s cumulative BESS portfolio now stands at nearly ~1 GWh, positioning the Company as a strong and credible player in India’s rapidly evolving energy storage ecosystem.

This milestone meaningfully strengthens the Company’s long-term growth visibility and aligns with India’s grid-scale energy transition and storage-led infrastructure development initiatives.

At 11.52 am, Bondada Engineering was trading at Rs. 376.10, up by 1.65%, with a volume of 1.41 lakh shares on the BSE.