22-Oct-2026 14:05:22
BONDADA ENGINEERING: SECURES 120 MWH VANADIUM REDOX FLOW BATTERY STORAGE PROJECT FROM GIPCL
• Order Win: Received Letter of Intent (LOI) from Gujarat Industries Power Company Ltd (GIPCL) • Project Capacity: Development of 20 MW / 120 MWh Vanadium Redox Flow Battery Energy Storage System (VRFB BESS) at Vadodara, Gujarat • Contract Scope: Engineering, Procurement & Construction (EPC), including 10 years of Operations & Maintenance (O&M) • Execution Timeline: Project facilities to be completed within 18 months from receipt of Notice of Award • Major Milestone: Company's first large-scale Vanadium Redox Flow Battery project, marking entry into advanced long-duration energy storage technology • Growth Opportunity: India targets approximately 236 GWh of battery energy storage capacity by 2030, creating significant opportunities
Bondada Engineering Limited