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Bondada Engineering signed an agreement with Dubai-based Bryanston Renewables to build green-powered data centres in India and select global markets. The stock moved up 3% on the news.
Breaking it down: the plan is to develop data centres that run on renewable energy instead of traditional power sources. The company will help design, build, and execute these facilities, marking its formal entry into the digital infrastructure space.
Why it matters: data centres are power-hungry assets. Running them on green energy is means removal of long-term energy costs. This also aligns with global sustainability mandates.
For Bondada, this is a shift from being just an engineering player to participating in a high-growth, future-facing sector.
Zoom out: in India, data centres are rapidly growing but still have a long runway ahead.
The country’s installed data centre capacity stands at around 1.1–1.5 GW, with projections showing it could nearly double to nearly 2 GW by 2026–27. This can potentially expand to 4–8+ GW by 2030 as cloud, AI, 5G and local data storage needs surge.
