Bondada Engineering to Invest Rs 4.5 Bn in 100 MW Plant
POWER & RENEWABLE ENERGY

Bondada Engineering to Invest Rs 4.5 Bn in 100 MW Plant

Bondada Engineering Ltd announced that it has agreed upon a Memorandum of Understanding towards the establishment of a 100 MW hybrid renewable energy plant in Assam. The investment at Rs 4.5 billion under the UNNATI Scheme marks the company’s stake in the future for Indian renewable energy development. 

Dr. Bondada Raghavendra Rao, Chairman & Managing Director, Bondada Engineering Ltd. & Ranoj Pegu, Assam Minister for Education, Welfare of Plain Tribe & Backward Classes MoU Assam Advantage Assam 2.0 Summit 2025 Hyderabad. The MoU was signed on the occasion of Advantage Assam 2.0 Summit 2025 held at Hyderabad. One of the premier platforms that work for investment as well as for industrial development of Assam. 

The company, in its regulatory filing, said it was eager to support Assam’s plans for renewable energy. The statement added that the hybrid renewable energy plant would be a combination of solar and wind power, a huge step forward in the green energy infrastructure in the region. 

The project is headed by Bondada Renewable Energy Ltd, a wholly owned subsidiary of Bondada Engineering Ltd. This in itself speaks to the company’s specific specialisation in renewable energy solutions. 

The 100 MW plant combining solar and wind power will enhance the reliability and sustainability of Assam’s energy generation but remain in tune with the overall renewable energy targets of India. Investment of ?450 crore will add to the state’s renewable energy infrastructure and further create employment opportunities as well as stimulate economic development in the state.    

Bondada Engineering Ltd announced that it has agreed upon a Memorandum of Understanding towards the establishment of a 100 MW hybrid renewable energy plant in Assam. The investment at Rs 4.5 billion under the UNNATI Scheme marks the company’s stake in the future for Indian renewable energy development. Dr. Bondada Raghavendra Rao, Chairman & Managing Director, Bondada Engineering Ltd. & Ranoj Pegu, Assam Minister for Education, Welfare of Plain Tribe & Backward Classes MoU Assam Advantage Assam 2.0 Summit 2025 Hyderabad. The MoU was signed on the occasion of Advantage Assam 2.0 Summit 2025 held at Hyderabad. One of the premier platforms that work for investment as well as for industrial development of Assam. The company, in its regulatory filing, said it was eager to support Assam’s plans for renewable energy. The statement added that the hybrid renewable energy plant would be a combination of solar and wind power, a huge step forward in the green energy infrastructure in the region. The project is headed by Bondada Renewable Energy Ltd, a wholly owned subsidiary of Bondada Engineering Ltd. This in itself speaks to the company’s specific specialisation in renewable energy solutions. The 100 MW plant combining solar and wind power will enhance the reliability and sustainability of Assam’s energy generation but remain in tune with the overall renewable energy targets of India. Investment of ?450 crore will add to the state’s renewable energy infrastructure and further create employment opportunities as well as stimulate economic development in the state.    

Next Story
Products

Viva ACP Launches FR A1-Rated Honeycomb Panels for Fire Safety

Viva, Asia’s largest manufacturer and supplier of aluminium composite panels (ACP) introduced its FR A1-rated Honeycomb Panels, setting a new industry benchmark for fire safety and architectural excellence. Engineered to deliver exceptional performance, these panels combine advanced fire-resistance technology with aesthetic versatility, offering a revolutionary solution for safety-critical environments.The FR A1 rating represents the highest standard of fire resistance under the European Standard EN 13501-1, signifying non-combustibility and zero contribution to fire, smoke, or toxic emissio..

Next Story
Real Estate

Almal Real Estate Expands into Commercial, Global Markets

Almal Real Estate Development is soon to announce its upcoming expansion into new verticals and international markets as part of its strategic growth plans for 2030. The company, known for its innovative luxury residential and hospitality developments, is preparing to diversify into the commercial sector with the introduction of The Smart Space, a network of business centers in UAE featuring five-star amenities. Additionally, Almal is entering new markets in Bali and Thailand as a community developer, focusing on villa and townhouse projects.The expansion into the commercial real estate sector..

Next Story
Infrastructure Urban

NABARD Approves Rs 9.03 Billion for 127 Projects in Himachal

The Himachal Pradesh government has secured approval from the National Bank for Agriculture and Rural Development (NABARD) for 127 projects worth Rs 9.03 billion for the 2024-25 fiscal, Chief Minister Sukhvinder Singh Sukhu announced. During a meeting with MLAs from Kangra, Kullu, Kinnaur, Solan, Chamba, Bilaspur, and Lahaul-Spiti districts to discuss priorities for the 2025-26 budget, Sukhu said the approved projects include 50 MLA-priority schemes under the Public Works Department, valued at Rs 4.12 billion, and 23 MLA-priority schemes under the Jal Shakti Vibhag, costing Rs 1.79 billio..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?