Bondada Engineering has secured a significant contract through its joint venture with BEST Infra for a smart energy metering project. According to reports from Business Standard, the company received a Letter of Intent (LoI) worth approximately ₹41.01 crore from Northern Power Distribution Company of Telangana (TGNPDCL). The project involves comprehensive smart metering infrastructure deployment across the state, with the contract officially awarded to Bondada Engineering Limited (BSE: 543971) through its Joint Venture with BEST Infra Private Limited.
The project encompasses the complete smart metering ecosystem with advanced technology integration. As reported by Business Standard, the scope includes procurement, supply, installation, integration, testing, commissioning, operation and maintenance of smart energy meters. The system will be supported by a cloud-based Head-End System (HES), Meter Data Acquisition System (MDAS) and Meter Data Management System (MDMS). Additionally, the project includes PP Box maintenance and associated network operations and monitoring. The contract spans 11 months from the date of execution of the formal Purchase Order and covers both residential and commercial electricity connections under the smart metering infrastructure.
The project involves substantial meter deployment across multiple phases of electricity connections. According to the reports, the project will deploy 12,500 single-phase smart energy meters and 27,500 three-phase smart energy meters, totaling 40,000 smart energy meters across the network. This deployment will cover both residential and commercial electricity connections under the smart metering infrastructure. The project aligns strategically with the product portfolio of the company's subsidiary, Bondada E&E Pvt. Ltd., and will leverage the operational strengths, resources, and technical expertise of the subsidiary.
