Bondada Engineering has secured Letter of Acceptance (LoA) worth Rs 204.20 crore (including GST) from M/s Telangana Power Generation Corporation for setting up of 100 MWh (50MW x 2 hrs) battery energy storage systems in Telangana for ‘on demand’ usage under tariff-based global competitive bidding with Viability Gap Funding (VGF) under Build Own Operate ‘BOO’ at Shankarpally, Telangana near 400/220KV substation of TGTRANSCO. The order is to be executed within 18 months from execution of power purchase agreement.
Bondada Engineering engaged in the business of providing engineering, procurement and construction (EPC) services and operations and maintenance (O&M) services to its pan India customers operating in telecom and solar energy industry.
