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Sterling & Wilson Solar up 2% on receiving order worth $635mn

Sterling & Wilson Solar up 2% on receiving order worth $635mn

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It is an Engineering, Construction and Procurement order for a 1.09GW DC Solar Farm in the Middle East.

Sterling & Wilson Solar has received a Letter of Intent (“LOI”) for an Engineering, Construction and Procurement order for a 1.09GW DC Solar Farm in the Middle East of a value of approximately $635mn.

The Limited Notice to Proceed (“LNTP”) against the same has also been provided by the Customer.

The stock is currently up 2%.

Source : indiainfoline
Anand Gupta Editor - EQ Int'l Media Network

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