Bondada Engineering Limited (BEL) had successfully completed 56.9 MW of solar power projects for Paradigm IT and MAHAGENCO in the Maharashtra districts of Hingoli, Dhule, Sambhajinagar, and Jalgaon.
The projects were finished on schedule in spite of unfavorable monsoon conditions, demonstrating the company's excellent technical competence and execution.
With this accomplishment, BEL's total commissioned solar capacity has exceeded 1 GW, demonstrating its leadership in the National Renewable Energy Mission's spread of renewable energy in India.
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Commenting on the milestone, Dr Bondada Raghavendra Rao, Chairman and Managing Director of Bondada Group, said, “Crossing the 1 GW benchmark is a proud moment for the entire Bondada family.
It demonstrates our ability to deliver large-scale renewable projects with precision, innovation, and sustainability at the core. As we look ahead, we remain focused on contributing to India’s clean energy targets under Vision 2030 by developing advanced and environmentally responsible infrastructure.”
Bondada Engineering keeps solidifying its standing as a major participant in telecom, rail infrastructure, and renewable energy. In comparison to the prior half-year, the company's H1 FY2025 financial figures showed a 153% increase in consolidated sales and a 151% increase in profit after tax.
Bondada Engineering is positioned for sustained growth with ₹1,216 crore in sales, ₹143.03 crore in EBITDA, ₹92.56 crore in PAT, and an order book valued at ₹5,989 crore. The company, which was established in 2012 and has its headquarters in Hyderabad, maintains a significant presence throughout India by running state-of-the-art manufacturing facilities in Andhra Pradesh and Telangana.
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