"Bondada Engineering Ltd Awarded LOA from NLC India Ltd"

NLC India Limited (NLCIL) has awarded a Letter of Award (LOA) to Bondada Engineering Limited (BEL) for the Balance of System (BOS) work associated with the establishment of a 600MW Grid Connected Solar Power Project. The project, located at Khavda, Gujarat, includes operation and maintenance (O&M) responsibilities for three years post SCOD (Scheduled Commercial Operation Date).

The contract value amounts to a substantial Rs. 9,39,39,76,731/- (Rupees Nine Hundred and Thirty Nine Crore Thirty Nine Lakhs Seventy Six Thousand Seven Hundred and Thirty One Only), inclusive of GST. This development underscores BEL's expertise and capability in handling large-scale solar power projects.

"We are honored to have been entrusted by NLC India Ltd for this prestigious project," said a spokesperson for Bondada Engineering Ltd. "This contract not only highlights our commitment to delivering excellence in solar infrastructure but also strengthens our partnership with NLCIL."

The project at Khavda is poised to significantly contribute to India's renewable energy goals and marks a significant milestone in BEL's portfolio within the renewable energy sector.

Bondada Engineering Ltd is well-positioned to commence work promptly and aims to ensure efficient execution and adherence to quality standards throughout the project's lifecycle.

EQUITYBULLS