BSECompany Update5 Oct 2026 · 5 Oct 2026, 12:11 pm

Intimation of receipt of Sanction of Term Loan from State Bank of India for 225MW Solar IPP Project.

Bondada Engineering Ltd · 543971

✦ AI Summary▲ PositiveOrder Win

Bondada Engineering Ltd has received a sanction of ₹911.25 Crores from State Bank of India for a 225 MW Solar IPP Project, strengthening its renewable energy portfolio and providing long-term revenue visibility.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment9/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Bondada Engineering Ltd - 543971 - Intimation Of Receipt Of Sanction Of Term Loan From State Bank Of India For 225 MW Solar IPP Project

Attachments (1)

📄

365d4ca3-ae90-4c6a-a47a-6ae84ce38f4a.pdf

pdf

Download →
View document text
BEL/BSE/OCT/2026/002 Date: Oct 05th, 2026 The Secretary, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Scrip Code: 543971 Symbol: BONDADA Sub: Receipt of Sanction of ₹911.25 Crores from State Bank of India for 225 MW Solar IPP Project Ref: Regulation 30 and other applicable regulations of SEBI (Listing Obligation & Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that Onix IPP Private Limited (“Onix IPP”), a subsidiary of Bondada Engineering Limited (“the Company”), has received a sanction of ₹911.25 Crores from State Bank of India (“SBI”) for financing a 225 MW Solar Independent Power Producer (IPP) Project. The 225 MW Solar IPP Project is being developed by Onix IPP, with State Bank of India as the lending institution. The sanctioned facility comprises ₹900 Crores of Term loan facilities and ₹11.25 Crores of non-fund-based facilities. The project is supported by a 25-year Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL), providing long-term revenue visibility and predictable cash flows over the project tenure. The sanction from SBI marks a significant milestone in the Company's strategy to expand its presence in the Renewable Energy IPP segment and build a portfolio of long-term, annuity-based renewable energy assets. The project is expected to further strengthen the Company's renewable energy portfolio, enhance long- term revenue visibility and contribute meaningfully towards sustainable growth and long-term value creation. The Company continues to focus on expanding its renewable energy platform through a combination of EPC, O&M, BESS and IPP opportunities, with the objective of building a diversified and sustainable renewable energy business. The above information is being disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We request you to kindly take the above information on record. Thanking you, For Bondada Engineering Limited Dr. Sonia Bidlan Company Secretary & Compliance Officer M. No.: A37766 Bondada Engineering Limited (Formerly known as Bondada Engineering Pvt Ltd) Regd. Office: Corporate Office: Plot No-37, Ashok Manoj Nagar, Surya P.P.R Towers, 3rd Floor, Kapra, Hyderabad, Telangana-500062, Plot No. 11&15, Ganesh Nagar, Kapra, INDIA Hyderabad, Telangana-500062, INDIA Phone Number: 7207034662 CIN : L28910TG2012PLC080018 Email : Info@bondada.net, Website : www.bondada.net