Adani Green Energy Awards ₹1,050 Crore Solar Project at Khavda to Bondada Engineering – EQ
In Short : Adani Green Energy has issued a ₹1,050 crore Letter of Intent (LOI) to Bondada Engineering for a project at the Khavda Renewable Energy Park. The initiative aims to expand solar infrastructure, increase renewable energy capacity, and support India’s clean energy targets. The collaboration highlights both companies’ commitment to sustainable development and large-scale solar deployment in the region.
In Detail : Adani Green Energy has issued a Letter of Intent (LOI) to Bondada Engineering for a ₹1,050 crore project at the Khavda Renewable Energy Park. This marks a significant step in expanding India’s renewable energy infrastructure and boosting solar capacity.
The project will focus on large-scale solar power development, leveraging advanced technology to maximize efficiency and energy output. It is expected to contribute substantially to regional and national clean energy goals.
Khavda Renewable Energy Park, located in Gujarat, offers high solar irradiance, making it an ideal location for large-scale solar installations. The project will capitalize on this advantage to generate reliable and sustainable power.
Bondada Engineering, as the executing partner, will manage construction, engineering, and operational aspects of the project. Their expertise ensures timely execution while maintaining high-quality and safety standards throughout the development phase.
The LOI underscores Adani Green Energy’s commitment to accelerating India’s renewable energy transition. By adding significant solar capacity, the company contributes to reducing carbon emissions and promoting sustainable energy production.
This initiative is expected to create employment opportunities during construction and operational phases, benefiting local communities and supporting skill development in the renewable energy sector.
The project aligns with India’s broader target of achieving 500 GW of non-fossil fuel-based energy by 2030. Large-scale solar developments like Khavda are critical to meeting national energy and climate objectives.
Sustainability and environmental responsibility are integral to the project’s design. Measures will be implemented to minimize ecological impact, optimize land use, and ensure long-term environmental stewardship in the region.
