Bondada Engineering Wins ₹1,338 Cr NTPC Order, Marsons Secures US Deal
By Sivam
Bondada Engineering secures a massive ₹1,338 Cr NTPC order for a 250 MW solar project with BESS. Marsons bags a ₹7.75 Cr US deal for a power transformer.
Bondada Engineering has secured a major ₹1,338.03 crore contract from NTPC Renewable Energy for a 250 MW solar PV project in Uttar Pradesh. Separately, Marsons announced a ₹7.75 crore deal with a US-based solar developer for a power transformer in California.
Key Deals Unpacked
- Bondada Engineering’s NTPC Order:
- Value: ₹1,338.03 crore.
- Project: EPC for 250 MW Solar PV with a 50 MW/200 MWh Battery Energy Storage System (BESS).
- Location: Sitapur, Uttar Pradesh, India.
- Completion Timeline: 18 months.
- Marsons’ US Contract:
- Value: ₹7.75 crore (approximately $8,20,000).
- Product: Supply of a 25 MVA Power Transformer.
- Client: US-based Solar Energy Developer.
- Location: Hemet, California, USA.
- Completion Timeline: 14 months.
Strategic Impact
Bondada Engineering’s award highlights NTPC Renewable Energy’s confidence in its proven track record for large-scale renewable energy infrastructure. Meanwhile, Marsons, an India-based transformer manufacturer, strengthens its global footprint with this US deal, building on previous orders for NTPC Renewable Energy projects.