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Bondada Engineering surged 10% after bagging a massive ₹9,000 crore solar power project from the Andhra Pradesh government.
The deets: the order comes from the state’s energy department and involves 2,000 MW AC / 2,600 MWp DC of solar capacity across Ananthapuramu and Sri Sathya Sai districts.
The company said this contract pushes its total order book above ₹14,000 crore and is expected to generate ₹1,160 crore in IPP revenue from FY2029.
The 2,000 MW AC / 2,600 MWp DC solar project can generate around 3.6 billion units of electricity a year, enough to power over 12 lakh Indian homes annually.
Zoom out: this is a big win for Bondada, especially after the stock lost 30% in 2025. It signals renewed momentum for the company in India’s clean energy wave.
