GIPCLGujarat Industries Power Company Limited
GIPCL Issues Letter of Intent to Bondada Engineering for 20 MW / 120 MWh Battery Storage System
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Gujarat Industries Power Company Limited has told the exchanges that, after receiving approval from GUVNL, it issued a letter of intent to Bondada Engineering Limited, Hyderabad, and that Bondada accepted it by email on 17 Oct 2026. The letter of intent is for a battery energy storage system with a rated capacity of 20 MW / 120 MWh at the point of injection at GIPCL's 132 kV substation.
The scope is design, engineering, supply and procurement, civil and structural works, erection, testing and commissioning, and operation and maintenance for ten years. This follows the company's earlier intimation of 11 Aug 2026 on the award, and the company says all other details given then are unchanged.
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