Latest NewsNews SnippetsPower

Sterling and Wilson Wins Order Worth 1,535 Cr. for 300 MW Solar Project in Gujarat

Sterling and Wilson Renewable Energy Ltd. (SWREL) has secured an EPC order worth Rs. 1,535 crore for the development of a 300 MW solar project at Khavda, Gujarat from NTPC Renewable Energy Limited (NTPC REL). This information was shared by Sterling and Wilson in its stock filing dated 29th September 2023.

Scope of work for Sterling and Wilson Renewable Energy includes designing, engineering, manufacturing, installation, testing, and commissioning of the solar project. Following this, the company will also provide Operation and Maintenance (O&M) services for a period of 3 years. Solar modules for this project will also supplied by SWREL.

Commenting on this order win, Mr. Amit Jain, Global CEO of SWREL, said, “With this order, our year-to-date order booking stands at approximately INR 3,100 crore. The domestic order pipeline continues to remain strong and we’re confident of surpassing the FY 2023 order booking in this financial year”.