Bondada Engineering Ltd. Secures Orders Worth Rs. 42.50 Crores

Bondada Engineering Ltd. Secures Orders Worth Rs. 42.50 Crores

Bondada Engineering Ltd. Secures Orders Worth Rs. 42.50 Crores​

Bondada Engineering Limited (BSE: 543971) announced the receipt of multiple orders totaling Rs. 42.50 Crores, bolstering the company’s order book across telecom infrastructure and environmental sustainability segments.

The company received a Letter of Award from Telangana Police Housing, Infratech & Consultancy Services Corporation Limited (TGPICS) for the supply of self-supported communication towers and prefabricated equipment rooms. This project is part of a statewide communication network initiative for the Telangana Police IT&C Department.

Additionally, Bondada Engineering received an order from Fixity Technologies Private Limited for the execution of Plastic Waste Management Units (PWMU) under the Swachh Andhra Corporation (SAC). The project will be executed through the company’s subsidiary, ATPOLE Technologies, utilizing its BLDC motors technology.

Key details of the orders are outlined below:

S.No.ParticularsDetails
1Name of the entity awarding the order(s)1. Telangana Police Housing, Infratech& Consultancy Services Corp. Ltd 2. Fixity Technologies Private Limited
2Significant terms and conditions of order(s)1. Supply of Self-Supported Towers & Prefabricated Equipment Rooms 2. Supply, Installation, Testing & Commissioning of Plastic Waste Management Units (PWMU)
3Entity typeDomestic Entity
4Nature of order(s)1. Design, Supply, Fabrication, Erection, Installation, Commissioning & Maintenance of telecom towers and prefabricated rooms 2. End-to-end execution of PWMUproject.
5Entity typeDomestic Entity
6Execution timeline2 to 8 Months from the signing of the contract.
7Order valueRs. 42,50,76,005/- (Rupees Forty-Two Crores Fifty Lakhs Seventy-Six Thousand and Five) Inclusive of Taxes.
8Promoter interestNo
9Related party transactionNo

The orders are expected to be executed within 2 to 8 months from the contract signing date. According to Bondada Engineering, neither the promoter group nor group companies have any interest in the entities awarding the orders.

Sonia Bidlan, Company Secretary & Compliance Officer, confirmed the receipt of these orders, highlighting the company's diversified execution capabilities and reinforcing stakeholder confidence.

Source:​

 

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