Sterling and Wilson secures new solar contracts

Sterling and Wilson achieves two new solar projects valued at ₹512 crore, reflecting its strong execution capabilities in renewable energy.

Leading domestic renewable energy project developer Sterling and Wilson Renewable Energy Limited (SWREL; BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), is pleased to announce that it has secured two new domestic orders worth about INR 512 crore from private investment partnerships.

For a PV project in Gujarat, India, the company was given an order for the engineering, procurement, and construction of a 200 MW AC / 250 MWp DC PV plant. A Letter of Agreement (LOA) for the engineering, procurement, and construction of a 50 MW AC/65 MWp DC photovoltaic facility in Maharashtra, India was also granted to it.

Amit Jain, Global CEO of Sterling and Wilson Renewable Energy Group, comments on the order wins, “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.”

The fact that both orders came from returning customers validates our strong execution credentials. Out of the six significant domestic orders we have received this year, five are from our current clients, demonstrating the trust they have placed in us to support their expansion into the home renewable market.

For more details, visit: https://sterlingandwilson.com/

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