Bondada Engineering Limited has incorporated a new wholly owned subsidiary, GreenBond RE Park Private Limited to expand its presence in the renewable energy sector.
The subsidiary has been established with an authorised capital of Rs 100 million and a paid-up capital of Rs 100 million. GreenBond RE Park will focus on generating, accumulating, storing, transmitting, and distributing electricity from both conventional and non-conventional sources, including solar, wind, biomass, hydro, thermal, gas, air, and diesel.