BEL aims for 25 GW renewable capacity by 2030.

Bondada Engineering Ltd (BEL) has unveiled its ambitious goal to scale up its renewable energy capacity to 25 GW by 2030.

At its 2024–25 Annual General Meeting, the company announced that its revenue nearly doubled to ₹1,571 crore, while net profit rose 1.5 times to ₹115 crore. BEL’s credit rating was upgraded to CRISIL A (Stable), according to Bondada Raghavendra Rao, Chairman & Managing Director.

In addition to its green energy push, BEL delivered over 1,250 telecom towers as part of BSNL’s 4G saturation project, accounting for about 10% of the nationwide rollout unveiled by Prime Minister Narendra Modi on September 28, 2025.