Bondada Engineering has informed that Bondada Engineering has received a Letter of Award (LOA) from AP TRANSCO (Transmission Corporation of Andhra Pradesh) 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.
The above information is a part of company’s filings submitted to BSE.
