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Bondada Acquires 60% Stake in Onix’s 225 MW Solar Project in Maharashtra

Onix will supply power to the state distribution company for 25 years

July 27, 2026

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Bondada Engineering (BEL) has acquired a 60% equity stake in Onix IPP, which entitles the company to a controlling interest in a 225 MW solar power project in Maharashtra, under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.

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