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The rating upgrade is driven by an improvement in the liquidity position of the company. Acuité has upgraded and placed its short-term rating of ‘ACUITE A2+’ from ‘ACUITE A2 on the Rs200cr Commercial Paper Programme of Sterling & Wilson Solar Limited (SWSL) on ‘Rating watch with developing implications’. According to the rationale report, the rating […]
Sterling and Wilson Solar (SWSL) gained 0.94% to Rs 274.15 after BNP Paribas Arbitrage acquired 11.61 lakh equity shares of the company via bulk deal on Wednesday, 30 June 2021. BNP Paribas Arbitrage fund bought 11,61,000 equity shares (or 0.72% stake) of the company at an average price of Rs 261.96 per equity share via […]
Sterling & Wilson Solar (S&W) received the ‘Utility Scale EPC Company of The Year 2020-21’ solar award at EQ E-Award Show May 2021. Powered by EQ iSearch, the India Solar Awards 2021 was organized for the solar industry of India based on the achievements of the year 2020-21. Rohit Bhandari, Head- Marketing and Sales (North […]
Sterling & Wilson Solar announced that Bikesh Ogra has expressed his desire to assign day to day business operations to next level of leadership teams. Amit Jain will take over the global operations of the Solar business from Bikesh Ogra with immediate effect. Amit Jain has been working in the capacity of Country Head – […]
Aarti Drugs Ltd, Bliss GVS Pharma Ltd, Just Dial Ltd and Alkyl Amines Chemicals Ltd are among the other losers in the BSE’s ‘A’ group today, 17 May 2021. Sterling & Wilson Solar Ltd tumbled 10.32% to Rs 242 at 14:49 IST.The stock was the biggest loser in the BSE’s ‘A’ group.On the BSE, 3.09 […]
ACWA Power secures US$114 million financing package for 200MW Kom Ombo facility. Saudi power developer ACWA Power has secured a US$114 million financing package for the construction of the largest private solar power plant in Egypt. The 200MW Kom Ombo plant will be located less than 20 kilometres from Africa’s biggest solar park, the 1,800MW […]
Amplus Solar, a member of the Petronas group of Malaysia, has acquired 17 solar rooftop assets of Sterling & Wilson totaling 7.2 megawatt (MW). Amplus Solar already has 800 MW+ projects in the distributed solar segment and this deal will increase their portfolio in several states including Haryana, Punjab, Madhya Pradesh, Rajasthan, Maharashtra, Telangana and […]