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Bondada Engineering Secures 120 MWh VRFB BESS EPC Order from GIPCL
Bondada Engineering has secured an LOI from GIPCL to develop a 20 MW/120 MWh vanadium redox flow battery energy storage system in Vadodara, Gujarat, with 10 years of O&M support.
October 22, 2026. By Mrinmoy Dey
Bondada Engineering has announced that the company has received a Letter of Intent (LOI) from Gujarat Industries Power Company (GIPCL) for the EPC package for the development of a 20 MW/120 MWh Vanadium Redox Flow Battery Energy Storage System (VRFB BESS), including 10 years of Operations and Maintenance (O&M), at GIPCL's 165 MW natural gas power plant complex in Vadodara, Gujarat.
“The award reflects GIPCL's confidence in the Company's engineering capabilities, project execution expertise and experience in delivering large-scale renewable energy infrastructure projects. It also marks an important milestone in the Company's strategic expansion into advanced energy storage technologies,” the company stated.
It further highlighted that while the Government has set an ambitious target of deploying approximately 236 GWh of Battery Energy Storage Systems by 2030, the current installed capacity is around 9.3 GWh. This highlights the immense growth opportunity in the Indian energy storage market, driven by the rapid expansion of renewable energy capacity and the increasing need for grid stability, the company stated.
“With this landmark order, Bondada Engineering has secured India's largest grid-scale Vanadium Redox Flow Battery (VRFB) BESS project, demonstrating the Company's ability to adopt and execute energy storage projects involving advanced Long Duration Energy Storage (LDES) technologies. This achievement further strengthens Bondada's position in the rapidly expanding BESS sector, complementing its existing renewable energy EPC portfolio,” asserted the company.
“The award reflects GIPCL's confidence in the Company's engineering capabilities, project execution expertise and experience in delivering large-scale renewable energy infrastructure projects. It also marks an important milestone in the Company's strategic expansion into advanced energy storage technologies,” the company stated.
It further highlighted that while the Government has set an ambitious target of deploying approximately 236 GWh of Battery Energy Storage Systems by 2030, the current installed capacity is around 9.3 GWh. This highlights the immense growth opportunity in the Indian energy storage market, driven by the rapid expansion of renewable energy capacity and the increasing need for grid stability, the company stated.
“With this landmark order, Bondada Engineering has secured India's largest grid-scale Vanadium Redox Flow Battery (VRFB) BESS project, demonstrating the Company's ability to adopt and execute energy storage projects involving advanced Long Duration Energy Storage (LDES) technologies. This achievement further strengthens Bondada's position in the rapidly expanding BESS sector, complementing its existing renewable energy EPC portfolio,” asserted the company.
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