Pace Digitek, Bondada Win MAHAGENCO’s 300 MW Solar EPC Auction
Pace Digitek secured 200 MW, and Bondada won 100 MW
November 18, 2025
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Pace Digitek and Bondada Engineering have won the Maharashtra State Power Generation Company’s (MAHAGENCO) engineering, procurement, and construction auction for 300 MW solar projects, securing 200 MW and 100 MW, respectively.
The tender was floated on October 11, 2024.
The contract value for Pace Digitek is ₹9.3 billion (~$105 million) and for Bondada Engineering ₹4.65 billion (~$52.46 million).
The winning bidders must design, engineer, manufacture, demonstrate performance, and commission the solar projects. They must also provide operation and maintenance services for three years.
Each project must be at a single location with a minimum capacity of 50 MW.
The selected bidders must identify and arrange the project land and provide a power evacuation system for the projects up to the state transmission utility’s substation on a turnkey basis. They must also conduct the associated civil and electrical works and obtain the necessary licenses and permits.
Pace Digitek and Bondada Engineering must only use mono-crystalline solar cell modules compliant with the Approved List of Models and Manufacturers.
They must complete the projects within 450 days from the date of accepting the letters of award.
In October this year, the joint venture between MAHAGENCO and SJVN targeted developing 735 MW of renewable energy projects in the first phase of a 5 GW clean energy push in Maharashtra.
In the same month, Pace Digitek received an order from Solar Energy Corporation of India to supply a 600 MW/1,200 MWh standalone grid-connected battery energy storage system in Andhra Pradesh.
Also in October, Bondada Engineering secured a contract to develop a 2 GW solar project in Andhra Pradesh under the state’s Integrated Clean Energy Policy. It also received a letter of intent from the Adani Group to supply the balance of system equipment for a 650 MW solar project at the Khavda Renewable Energy Park, Gujarat.
