BSECompany Update3 Nov 2026 · 3 Nov 2026, 01:09 pm
Intimation regarding signing of Memorandum of Understanding with Goa investment Promotion and Facilitation Board.
Bondada Engineering Ltd · 543971
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Bondada Engineering Ltd has signed a Memorandum of Understanding (MoU) with the Goa Investment Promotion and Facilitation Board for a proposed investment of ₹3,000 Crores in Goa, with plans to establish projects in solar energy and bio-gas, generating 700+ employment opportunities.
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Bondada Engineering Ltd - 543971 - Intimation Regarding Signing Of Memorandum Of Understanding (Mou) With Goa Investment Promotion And Facilitation Board
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BEL/BSE/NSE/NOV/2026 Date: Nov 03rd, 2026
To, To,
The Secretary, The Secretary,
Bombay Stock Exchange Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai - 400051
Scrip Code: 543971 Symbol: BONDADA
Sub: Intimation regarding signing of Memorandum of Understanding (MoU) with Goa
Investment Promotion and Facilitation Board for proposed investment of ₹3,000 Crores
in Goa
Dear Sir/Madam,
Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we are pleased to inform you that Bondada Group
(Bondada Engineering Limited) has entered into a Memorandum of Understanding (MoU) with the
Goa Investment Promotion and Facilitation Board (Goa-IPB), Government of Goa on 30th Oct’26
Under the MoU, Bondada Group has proposed to establish projects in the State of Goa in the areas of
Solar Energy and Bio Gas, with a proposed investment of approximately ₹3,000 Crores and an
anticipated employment generation of 700+ opportunities.
The MoU represents a significant step towards expanding the Group's presence in the renewable energy
sector and strengthening its commitment to India's clean energy transition. The proposed projects are
aligned with the Government of India's vision of promoting renewable energy, sustainable
development and energy security.
As part of the MoU, Goa-IPB has agreed to facilitate and extend necessary support to Bondada Group
in obtaining applicable permissions, registrations, approvals and clearances required for establishing
and commencing operations of the proposed projects. Goa-IPB will also facilitate access to eligible
fiscal and non-fiscal incentives available under the prevailing policies and regulations of the
Government of Goa.
The MoU is non-binding in nature, and the proposed investments and projects shall be subject to
further evaluation, applicable statutory approvals, clearances and other necessary formalities.
This initiative reflects Bondada Group's continued focus on expanding its renewable energy portfolio,
creating employment opportunities and contributing to India's sustainable infrastructure development.
Bondada Engineering Limited
(Formerly known as Bondada Engineering Pvt Ltd)
Regd. Office: Corporate Office:
Plot No-37, Ashok Manoj Nagar, BONDADA HOUSE,
Kapra, Hyderabad, Telangana-500062, C – 26, Kushaiguda Industrial Area,
INDIA ECIL, Hyderabad, TG - 500062, INDIA
Phone Number: 7207034662
CIN : L28910TG2012PLC080018 Email : Info@bondada.net, Website : www.bondada.net
The details of the MoU, as required under Regulation 30 of the SEBI (LODR) Regulations, 2015
Kindly take the above information on record.
Yours faithfully,
For Bondada Engineering Limited
Dr. Sonia Bidlan
Company Secretary & Compliance Officer
Bondada Engineering Limited
(Formerly known as Bondada Engineering Pvt Ltd)
Regd. Office: Corporate Office:
Plot No-37, Ashok Manoj Nagar, BONDADA HOUSE,
Kapra, Hyderabad, Telangana-500062, C – 26, Kushaiguda Industrial Area,
INDIA ECIL, Hyderabad, TG - 500062, INDIA
Phone Number: 7207034662
CIN : L28910TG2012PLC080018 Email : Info@bondada.net, Website : www.bondada.net