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Bondada Engineering wins EPC order for 20 MW/120 MWh vanadium redox flow BESS

22-Oct-2026 | 16:39
Bondada Engineering has secured an EPC order from Gujarat Industries Power Company for the development of a 20 MW/120 MWh vanadium redox flow battery energy storage system (BESS) at GIPCL's 165 MW natural gas power plant site in Vadodara, Gujarat.

The project includes 10 years of operation and maintenance (O&M) and is scheduled for completion within 18 months from receipt of the Notice of Award (NOA).

Bondada Engineering provides engineering, procurement, and construction (EPC) services and operations and maintenance (O&M) services to companies operating in the telecom and solar energy industry.

Bondada Engineering reported a 38.23% rise in consolidated net profit to Rs 52.89 crore for the quarter ended 30 June 2026, compared with Rs 38.26 crore in the corresponding quarter of the previous fiscal. Revenue from operations jumped 23.98% year on year (YoY) to Rs 691.65 crore in Q1 FY27.

Shares of Bondada Engineering rose 0.18% to close at Rs 275 on the BSE.

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