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Bondada Engineering Secures INR 465 Crore LoA from MAHAGENCO for 100 MW Solar Project
Bondada Engineering has received Letter of Award worth INR 465 crore from Maharashtra State Power Generation Company (MAHAGENCO) to set up a 100 MW solar power project in Maharashtra.
November 15, 2025. By Mrinmoy Dey
Bondada Engineering has announced that the company has secured a letter of award (LoA) worth INR 465 crore from Maharashtra State Power Generation Company (MAHAGENCO) for the development of a 100 MWAC grid-connected solar power project at Jiwachiwadi, in Beed district of Maharashtra.
Awarded as the lead member of the consortium, Bondada will execute a comprehensive solar EPC, including land procurement, design, engineering, manufacturing, inspection, transportation, installation, and commissioning, along with three years of operations and maintenance, the company stated in a regulatory filing.
It further added that the project, based on high-efficiency mono-crystalline PV technology, will evacuate power to the MSETCL/MSEDCL substation, furthering the state’s renewable capacity. The project must be completed within 15 months.
By securing this order, the company has further strengthened its presence in the renewable energy EPC domain, demonstrating its technical capability, execution expertise and commitment to nation-building through clean energy infrastructure, it said.
“This landmark order represents a significant stride in advancing India’s renewable energy mission. By securing this prestigious Solar EPC with Land package from MAHAGENCO, Bondada Engineering has further strengthened its position as a trusted partner in executing large-scale clean energy projects. The award reflects the company’s technical capability, project management excellence and commitment towards nation-building through sustainable infrastructure development,” stated the company.
Awarded as the lead member of the consortium, Bondada will execute a comprehensive solar EPC, including land procurement, design, engineering, manufacturing, inspection, transportation, installation, and commissioning, along with three years of operations and maintenance, the company stated in a regulatory filing.
It further added that the project, based on high-efficiency mono-crystalline PV technology, will evacuate power to the MSETCL/MSEDCL substation, furthering the state’s renewable capacity. The project must be completed within 15 months.
By securing this order, the company has further strengthened its presence in the renewable energy EPC domain, demonstrating its technical capability, execution expertise and commitment to nation-building through clean energy infrastructure, it said.
“This landmark order represents a significant stride in advancing India’s renewable energy mission. By securing this prestigious Solar EPC with Land package from MAHAGENCO, Bondada Engineering has further strengthened its position as a trusted partner in executing large-scale clean energy projects. The award reflects the company’s technical capability, project management excellence and commitment towards nation-building through sustainable infrastructure development,” stated the company.
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