~Received two new domestic solar EPC orders from Private IPPs including a 250 MWp DC project in Gujarat, and LOA for a 65 MWp DC project in Maharashtra
~ Both orders received are from existing clients showcasing company’s robust execution credentials and strong positioning in marketplace
Mumbai : Sterling and Wilson Renewable Energy Limited (SWREL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), a leading domestic renewable EPC is proud to announce that it has received two new domestic orders from Private IPPs valued at ~INR 512 crore.
The company received an order for Engineering, Procurement and Construction of a 200 MW AC / 250 MWp DC PV plant for a PV project in Gujarat, India. It also received a LOA for Engineering, Procurement and Construction of a 50 MW AC / 65 MWp DC PV plant in Maharashtra, India.
Speaking on the order wins, Mr. Amit Jain, Global CEO, Sterling and Wilson Renewable Energy Groupshared, “We are very happy to bag two more prestigious domestic solar projects from leading Private IPPs and these project wins showcase our strong positioning in a fast-growing market.”
Both orders have been received from repeat clients thereby reaffirming our robust execution credentials. In the current year, out of the 6 major domestic orders received, 5 are from our existing clients showing the confidence customers have reposed in us to be a part of their growth in the domestic renewable market. “
About Sterling and Wilson Renewable Energy Limited
Sterling and Wilson Renewable Energy Limited (SWREL) is a global pure-play, end-to-end renewable engineering, procurement, and construction (EPC) solutions provider. The company provides EPC services for utility-scale solar, floating solar and hybrid & energy storage solutions and has a total portfolio of over 19.4 GWp (including projects commissioned and under various stages of construction). SWREL also manages an operation and maintenance (O&M) portfolio of 8.2 GWp solar power projects, including for projects constructed by third parties. Present in 28 countries today, Sterling and Wilson Renewable Energy Limited has operations in India, South-east Asia, Middle East, Africa, Europe, Australia, and the Americas.
