Indian State Approves 2.6 Gw Solar Project

From pv magazine India

In a major boost to its renewable energy portfolio, Bondada Engineering Ltd has secured a 2.6 GW solar project allocation from the Government of Andhra Pradesh. The Hyderabad-based infrastructure developer said in a stock exchange filing that the solar capacity will be spread across various strategic locations in the Ananthapuramu and Sri Sathya Sai districts.

The company had submitted detailed proposals for establishing solar power projects aggregating to 2.6 GW capacity in Roddam and Kothacheruvu of Sri Sathya Sai district, and Gooty, Peddavadugur, Vidapanakallu, Peddapoppur and Narpala of Ananthapuramu district.

These proposals were considered in the State Investment Promotion Board (SIPB) meeting held on May 15, 2025, during which the SIPB approved the allocation of the proposed solar power capacity.

The allocation is subject to ensuring no overlap with areas already allotted to other developers for renewable energy (RE) projects or wind resource assessment studies.

Bondada Engineering Ltd will execute the project through its arm Bondada Renewable Energy.

The project completion period is 24 months, in accordance with the guidelines outlined in the Andhra Pradesh Integrated Clean Energy Policy – 2024.

The project, valued at INR 9,000 crore in engineering, procurement and construction (EPC), will increase Bondada Engineering’s order book to around INR 14,000+ crore. Apart from this, the company expects to add a revenue of INR 1,160 crore from independent power producer (IPP) operations from FY 2029 onwards.

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