The Sherpa Signal · 2026-08-29 NOTABLE DEAL

600 MW solar EPC contract awarded in Rajasthan

Bondada Engineering secures EPC services from ArMee

ArMee Infotech Ltd awarded EPC BOS contracts for 600 MW Fatehgarh solar project in Rajasthan

Bondada Engineering BuyerArMee Infotech Ltd Epc
Deal value
INR 88.92M
Capacity
600 MW
Country
India
Announced
2026-08-27
KEY FACTS
TypeSupply Agreement
ValueINR 88.92M
Capacity600 MW
SectorSolar
CountryIndia
Announced2026-08-27
THE PARTIES
Bondada EngineeringBuyer
ArMee Infotech LtdEPC
Standout 600 MW Solar project in India
Sherpa analysis

ArMee Infotech is expanding its EPC footprint in India's utility-scale solar market, securing a 600 MW project in Rajasthan. The deal aligns with Bondada Engineering’s strategy to lock in turnkey delivery for its growing pipeline, reducing execution risk and supporting the credit profile of its outstanding bonds.

Parties

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