+
NTPC REL: Sterling & Wilson Renewable Energy bags order
POWER & RENEWABLE ENERGY

NTPC REL: Sterling & Wilson Renewable Energy bags order

On Monday, Sterling & Wilson Renewable Energy Ltd (SWRE) announced that it had won the proposal for a project valued $21,000,000,000.

According to the firm, it won the bid for the balance of system (BOS) package, which consists of 4 blocks with a combined capacity of 300 MW(AC), in the NTPC Renewable Energy Ltd.'s proposed 1200 MW Solar PV Project at Khavda RE Power Plant in the Rann of Kutch region of Gujarat.

There are 1500 Megawatts in total (DC). According to the bid, the total price would be 21,000 million (including of taxes), which would include operation and maintenance (O&M) for three years.

Sterling & Wilson Renewable Energy offers EPC services for utility-scale solar, floating solar, hybrid, and energy storage systems and has operations in 25 countries. In addition to maintaining a 6 gw portfolio for operations and maintenance, the corporation has a portfolio of 12.8 gw.

Sterling and Wilson Renewable Energy's third-quarter consolidated net loss was reduced to $991.5 million in the December quarter, primarily because of decreasing spending. According to a regulatory filing, the corporation posted a combined net loss of $4287.8 million during the prior quarter.

On Monday, Sterling & Wilson Renewable Energy Ltd (SWRE) announced that it had won the proposal for a project valued $21,000,000,000. According to the firm, it won the bid for the balance of system (BOS) package, which consists of 4 blocks with a combined capacity of 300 MW(AC), in the NTPC Renewable Energy Ltd.'s proposed 1200 MW Solar PV Project at Khavda RE Power Plant in the Rann of Kutch region of Gujarat. There are 1500 Megawatts in total (DC). According to the bid, the total price would be 21,000 million (including of taxes), which would include operation and maintenance (O&M) for three years. Sterling & Wilson Renewable Energy offers EPC services for utility-scale solar, floating solar, hybrid, and energy storage systems and has operations in 25 countries. In addition to maintaining a 6 gw portfolio for operations and maintenance, the corporation has a portfolio of 12.8 gw. Sterling and Wilson Renewable Energy's third-quarter consolidated net loss was reduced to $991.5 million in the December quarter, primarily because of decreasing spending. According to a regulatory filing, the corporation posted a combined net loss of $4287.8 million during the prior quarter.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Next Story
Infrastructure Transport

UP Approves Two Expressways And Rs 240 bn Infrastructure Push

The Uttar Pradesh Cabinet approved a series of infrastructure and industrial investment proposals totalling Rs 240 billion (Rs 240 bn), including two major expressway projects, a manufacturing and logistics cluster in Sultanpur and incentives for 11 industrial projects across the state. The decisions, taken at a meeting chaired by Chief Minister Yogi Adityanath, underline the state government’s focus on expanding road connectivity around emerging industrial hubs while attracting manufacturing investment to districts beyond major urban centres. The approvals cover both greenfield expressway c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code