Mumbai: Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the largest solar EPC solutions providers in the world, has successfully commissioned its second project in Oman. The 25 MW solar project was awarded to SWSL by global energy company Shell. SWSL commissioned this project on time with more than 300,000 […]
EGYPT : KOM Ombo solar park will finally be built by sterling and Wilson
Following the withdrawal of Mahindra Susten from the Kom Ombo solar project, Saudi Arabian Independent Power Producer (IPP) Acwa Power has finally chosen Sterling and Wilson to build the 200 MWp facility. This is one of the consequences of the Covid-19, which continues to claim victims around the world. In Egypt, the pandemic has slowed […]
Sterling and Wilson Solar slumps 3.5% on quarterly results
Despite challenging quarter, the company’s H1FY21 revenue at Rs2,405cr was driven by significant pickup in execution of projects in Q2FY21. It booked additional order inflows for adding capacity of 415 MWp worth Rs2,063cr in Q2FY21. Sterling and Wilson Solar Limited (SWSL), one of the leading solar EPC and O&M solutions provider globally, announced its un-audited […]
Sterling and Wilson Solar opens new office in Spain
New Delhi: Shapoorji Pallonji Group firm Sterling and Wilson Solar on Monday said it has opened a new office in Spain to focus on Europe”s growing solar market. The office, located in Seville, will be its headquarters for its European operations serving and tapping markets like Portugal, Spain, Italy, Poland, among others, the company said […]
Sterling and Wilson to Build Solar Storage Hybrid Power Plant in Niger
Mumbai: Sterling and Wilson Pvt Ltd (SWPL), India’s leading engineering, procurement and construction (EPC) company, today announced that it’s Hybrid & Energy Storage division (HES), in consortium partnership with French EPC company Vergnet and SNS Niger, has signed an EPC contract to construct a Solar PV Battery Storage and Diesel Genset based hybrid power plant […]
Sterling and Wilson Solar Q1 results: Profit falls 62% to Rs 17 crore
Sterling and Wilson Solar Ltd on Wednesday said its consolidated net profit dipped 62 per cent on a year-on-year basis to Rs 17.22 crore in the June quarter mainly due to lower revenues. The consolidated net profit of the company stood at Rs 46.01 crore in the quarter ended June 30, 2019, a BSE filing […]
Sterling and Wilson Solar bags orders worth Rs 1,600 cr in Australia
Sterling and Wilson Solar has been executing projects globally and has to its credit more than 10.6 GW of solar power projects commissioned and under various stages of construction in various geographies. Engineering firm Sterling and Wilson Solar on Sunday announced that it has bagged orders worth AUD 300 million (Rs 1,600 crore) for two […]
Sterling and Wilson Solar posts revenue from operations at Rs5,575cr; order inflows up by 15% yoy in FY20
The company’s revenue from operations for FY20 stood at Rs5,575cr. Sterling and Wilson Solar Limited (SWSL) Tuesday announced its maiden audited results for the financial year ended March 31, 2020. The company’s revenue from operations for FY20 stood at Rs5,575cr, EBITDA (excluding interest income) stood at Rs383cr, and PAT stood at Rs304cr. The revenue for […]
Sterling and Wilson Solar promoters facilitate repayment of Rs 500 crore
The proceeds have been utilised to reduce our external borrowings by an equivalent amount New Delhi: Sterling and Wilson Solar on Tuesday said that its promoters have facilitated repayment of Rs 500 crore as per the revised schedule of repayment approved by the board. “Sterling and Wilson Solar Ltd (SWSL) has received additional Rs 500 […]
Coronavirus to affect business in near term: Sterling and Wilson Solar
“We are constantly evaluating the current situation in China due to the outbreak of coronavirus which will impact our business in the near term,” Bikesh Ogra – Director and Global CEO, Sterling and Wilson Solar Limited said in a regulatory filing. Shapoorji Pallonji group company Sterling and Wilson Solar Limited has said that the outbreak […]