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As on : 02-Sep-2026
Corporate News
02-Sep-2026     12:52

Bondada Engineering subsidiary to develop 225 MW BESS project for AP Transco

Bondada Engineering Limited has incorporated Bondada Hindupur BESS Project Private Limited as a wholly owned subsidiary to develop a 225 MW / 450 MWh Battery Energy Storage System (BESS) project awarded by AP Transco under a Build-Own-Operate model, with an initial investment of Rs 100,000 through the subscription of 100,000 equity shares of Rs 10 face value each. The new subsidiary, established as a Special Purpose Vehicle, will focus on the development, financing, procurement, construction, commissioning, ownership, operation and maintenance of the project, which is intended to support renewable energy integration and grid flexibility in Andhra Pradesh, marking Bondada Engineering Limited’s expansion into the energy-storage and energy-transition infrastructure segment.

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