Bondada Engineering sets up subsidiary for 225 MW/450 MWh BESS project in Andhra Pradesh
Bondada Engineering Ltd (BEL) has incorporated a wholly owned subsidiary, Bondada Hindupur BESS Project Pvt Ltd (BHBPL), to develop, own, operate and maintain a 225 MW/450 MWh battery energy storage system (BESS) project in Andhra Pradesh. The project was awarded by Andhra Pradesh Transmission Corp. Ltd (AP Transco) on a build-own-operate basis.
Bondada Engineering Ltd said that BHBPL has been established as a special purpose vehicle (SPV) to undertake the development and execution of the project, including project financing, procurement, construction, commissioning, ownership, operation and maintenance, as applicable under the project agreements.
The BESS project will be designed to provide grid-scale energy storage capacity and associated energy management services, supporting the evolving power requirements of Andhra Pradesh. It is expected to play an important role in facilitating renewable energy integration, grid balancing, peak-load management and enhanced power-system flexibility.
“The BESS project marks an important step in BEL’s expansion into the rapidly growing energy-storage and energy-transition infrastructure segment,” stated Bondada Engineering Ltd. “With increasing renewable energy penetration, large-scale energy storage is expected to play a critical role in providing grid flexibility, balancing capacity and reliable power management. Through BHBPL, BEL aims to leverage its execution capabilities and infrastructure experience to establish a strong presence in utility-scale energy storage, while diversifying its portfolio into high-growth infrastructure opportunities.”
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