Bondada Engineering commissions 61.7 MWp solar projects for Paradigm IT and MAHAGENCO
61.7 MW
Capacity
operating
Stage
Bondada Engineering Ltd commissioned 61.7 MWp of solar projects in March 2026 for clients including Paradigm IT and Maharashtra State Power Generation Company Ltd (MAHAGENCO) across multiple locations in Maharashtra.
Counterparts (3)
owner
P
Paradigm IT
Paradigm IT Solutions is a global IT solutions and services provider specializing in digital transformation, cloud, data & AI, cybersecurity, and managed services. They serve various industries, including energy and utilities, helping them optimize operations and drive innovation through robust IT solutions and modernizing their IT infrastructure.
M
Maharashtra State Power Generation Company Ltd (MAHAGENCO)
Maharashtra State Power Generation Company Ltd (MAHAGENCO) is a state-owned power generation utility responsible for generating electricity for the state of Maharashtra, India. It operates a diverse portfolio of thermal, hydro, and renewable energy power plants, aiming to meet the growing energy demands of the region and contribute to India's energy security.
Deal Analysis
Bondada Engineering Ltd. has successfully commissioned 61.7 MWp of solar projects in March 2026, marking a significant addition to India's renewable energy infrastructure. These projects, developed by Bondada, serve multiple clients including Paradigm IT and the Maharashtra State Power Generation Company Ltd. (MAHAGENCO) across various locations within Maharashtra. This commissioning signifies the successful execution and delivery of substantial solar generation capacity, moving from the development stage to operational status.
- Commissioning of 61.7 MWp solar projects in March 2026.
- Involvement of both private (Paradigm IT) and state-owned (MAHAGENCO) entities as owners.
- Bondada Engineering Ltd.'s role as the developer successfully bringing projects to fruition.
- Projects located in Maharashtra, India, a key state for energy demand.
Timeline
Announced
Mar 2, 2026
Signed
Closed
Global Infrastructure Sherpa