The company said the award from one of India’s leading public sector renewable energy companies highlights Bondada Engineering’s growing position as a trusted partner in the country’s clean energy transition. It added that the order reflects NTPC Renewable Energy’s confidence in the company’s engineering expertise, execution capabilities, and track record in delivering large-scale renewable energy infrastructure projects.

Following the award, Bondada Engineering’s solar EPC order book has expanded to approximately 5.5 GWp, while its BESS order book has increased to around 1.1 GWh. The company stated that the strengthened order pipeline enhances revenue visibility, supports execution momentum, and provides a strong foundation for sustainable long-term growth. The project is expected to contribute significantly to the company’s future revenue stream, profitability, and shareholder value creation.

The company clarified that the contract does not constitute a related-party transaction and that neither its promoters nor promoter group entities have any interest in the award.

Bondada Engineering provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry.

Bondada Engineering’s consolidated net profit rose 13.3% to Rs 62.88 crore in Q4 FY26 as against Rs 55.51 crore in Q4 FY25. Revenue from operations jumped 27.9% year on year (YoY) to Rs 913.85 crore in Q4 FY26.