Tag: AP TRANSCO grid infrastructure development PP News

A ₹627 crore investment will see Bondada Engineering develop and operate a 450 MWh standalone battery system for the state transmission network

Bondada Engineering Limited will develop and operate a large standalone battery energy storage system at the 400 220 kV Hindupur Substation in Anantapur district, Andhra Pradesh, following the receipt of a Letter of Award from AP TRANSCO.
The project involves a 225 MW 450 MWh standalone Battery Energy Storage System and carries an estimated value of ₹627 crore. It will be implemented under the Build Own Operate model with an execution timeline of 18 months from the date of receipt of the Letter of Award. Once operational, the asset is expected to generate long term annuity based revenue, supporting predictable cash flows and earnings visibility for the company.

With this development, Bondada Engineering Limited’s cumulative battery energy storage portfolio has reached close to 1 GWh. The addition further strengthens the company’s presence in India’s emerging grid scale energy storage segment as utilities accelerate investments to support renewable energy integration and grid reliability.
The Hindupur project forms part of broader efforts to enhance transmission level flexibility and manage variability arising from increasing renewable power capacity. Grid scale storage systems play a critical role in balancing supply and demand, improving system resilience, and supporting stable power delivery during peak demand periods.

Commenting on the development, Dr. Bondada Raghavendra Rao, Chairman and Managing Director of the Bondada Group, said the project reflects the growing importance of energy storage in India’s power infrastructure. He stated that the project marks a key milestone for the company by strengthening its position in the evolving storage ecosystem while offering predictable long term returns under the Build Own Operate framework. He added that the company sees sustained momentum in grid scale storage deployment and intends to remain actively engaged in this transition.
The order has been awarded by a domestic utility entity, and the company has confirmed that no promoter or related party interest is involved in the transaction.

Bondada Engineering Limited continues to expand its renewable energy and energy storage footprint as part of its long term growth strategy, aligning its infrastructure capabilities with India’s clean energy and grid modernisation objectives.

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