+
Shares of Sterling and Wilson increase as they bag order for Rs 10.8 bn
POWER & RENEWABLE ENERGY

Shares of Sterling and Wilson increase as they bag order for Rs 10.8 bn

After receiving three contracts for rural electrification worth Rs 100.8 million, Sterling and Wilson Renewable Energy's stock increased by more than two percent. The remaining two orders come from South Bihar Power Distribution Company (SBPDCL) in Nalanda (which also covers districts in Nawada) and Gaya, while one order comes from Chhattisgarh State Power Distribution Company (CSPDCL) in the Rajnandgaon district of Chhattisgarh.

The initiatives, which have a 30-month schedule and are intended to build distribution infrastructure at electric supply circles, would have an impact on lakhs of people's life in the regions.

These turnkey projects were awarded using the distribution sector's newly revised reform-based and results-linked methodology.

Sterling and Wilson is the leading national engineering, procurement, and construction (EPC) firm. It conducts business in more than 30 countries and has significant operations in Asia, the Middle East, Africa, Europe, the Americas, and Australia.

Also read:
EU launches first tender under renewable energy financing mechanism
K'taka to permit recurring energy banking for renewable energy projects


After receiving three contracts for rural electrification worth Rs 100.8 million, Sterling and Wilson Renewable Energy's stock increased by more than two percent. The remaining two orders come from South Bihar Power Distribution Company (SBPDCL) in Nalanda (which also covers districts in Nawada) and Gaya, while one order comes from Chhattisgarh State Power Distribution Company (CSPDCL) in the Rajnandgaon district of Chhattisgarh. The initiatives, which have a 30-month schedule and are intended to build distribution infrastructure at electric supply circles, would have an impact on lakhs of people's life in the regions. These turnkey projects were awarded using the distribution sector's newly revised reform-based and results-linked methodology. Sterling and Wilson is the leading national engineering, procurement, and construction (EPC) firm. It conducts business in more than 30 countries and has significant operations in Asia, the Middle East, Africa, Europe, the Americas, and Australia. Also read: EU launches first tender under renewable energy financing mechanism K'taka to permit recurring energy banking for renewable energy projects

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?