The Bihar Renewable Energy Development Agency awarded Bondada Engineering Ltd a work order of ₹108.9 crore on December 4th as part of the Mukhyamantri Gramin Solar Street Light Yojana. Designing, supplying, installing, testing, and commissioning smart solar street light systems are all part of the project, which also includes a five-year maintenance contract with remote monitoring capabilities.
Within 18 months of the agreement’s execution, the project is expected to be finished, and the solar street lights will be mounted on Bihar’s existing electric poles. This project intends to advance sustainability in the state by utilizing renewable energy to improve rural lighting infrastructure.
Bondada Engineering Share Price
It is projected that the ₹108.9 crore project will improve Bondada Engineering’s financial results and standing in the marketplace. With the share price of Bondada Engineering expected to rise in the wake of this revelation, investors have already expressed confidence. An important turning point in the development of renewable energy infrastructure in Bihar has been reached with Bondada Engineering’s ₹108.9 crore project win. The project is expected to have a favorable impact on Bondada Engineering’s share price and position in the renewable energy industry, and the company’s experience is highlighted by the cutting-edge technology and long-term maintenance commitment.
About Bondada Engineering Company
One well-known Indian business that provides engineering, construction, and infrastructure services is Bondada Engineering. It is renowned for offering solutions in a number of domains, such as mechanical, electrical, and civil engineering, among other connected businesses.
It provides excellent engineering services and performs large-scale projects in a range of industries, including commercial, residential, and industrial construction. With its main office in Hyderabad, the organization has made a significant impact all throughout India. Bondada specializes in core services as well as operations and maintenance services for the infrastructure industry.
