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Bondada Engineering incorporates subsidiary
Mar-27-2026

Bondada Engineering has incorporated a subsidiary company under the name M/s Bondada Dinesh SPV. The said subsidiary has been incorporated as a Special Purpose Vehicle (SPV) for the execution and implementation of the project awarded by Maharashtra State Power Generation Company (MAHAGENCO) to the consortium comprising Bondada Engineering (Lead Member) and Dinesh Engineers (Consortium Member), in accordance with the terms and conditions of the Request for Proposal (RFP) and the Letter of Award (LoA), which mandate the formation of a project specific entity for undertaking the awarded project and fulfilling contractual obligations, including execution, financing, and operation of the project.

The incorporation of this subsidiary also aligns with the company’s long-term strategic vision and is aimed at further strengthening its presence in the Power & Energy sector. The company holds 51% of the share capital of Bondada Dinesh SPV.

Bondada Engineering is engaged in the business of providing engineering, procurement and construction (EPC) services and operations and maintenance (O&M) services to its pan India customers operating in telecom and solar energy industry.

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