Archive · 24 Jun 2025
Bondada Engineering Wins ₹836 Crore BESS Order, Shares Surge
Bondada Engineering, a company that works on building energy storage, got a big order worth ₹836 crore to build large batteries.
These batteries will help store clean energy in Tamil Nadu.
The company will build these battery systems at two locations and run it.
This news made the company's stock price go up because it's a sign of good business and growth.
Bondada Engineering secured a ₹836 crore order from Tamil Nadu Green Energy Corporation for Battery Energy Storage Systems.
The project involves grid-scale BESS facilities with a total capacity of 400 MWh.
The BESS facilities will be installed at Vellalaviduthi and Thennampatty in Tamil Nadu.
Bondada Engineering will execute the project under a build-own-operate (BOO) model.
Bondada Engineering's stock price rose 5% after the announcement.
- Who
- Bondada Engineering and Tamil Nadu Green Energy Corporation.
- What
- Bondada Engineering won a large green energy storage order.
- When
- The announcement was made recently, with an execution period of 18 months.
- Where
- Tamil Nadu, India.
- Why
- To boost grid stability, integrate renewable energy, and manage peak power demand.
- Company
- Bondada Engineering
- Order Value
- ₹836 crore
- Client
- Tamil Nadu Green Energy Corporation
- Project
- Battery Energy Storage Systems (BESS)
- Locations
- Vellalaviduthi and Thennampatty, Tamil Nadu
- Model
- Build-Own-Operate (BOO)
- Stock Movement
- Up 5%
