Sterling & Wilson Bags Rs 17.7 Billion Renewable EPC Orders

24 Oct 2025 CW Team

Sterling and Wilson Renewable Energy Ltd (SWREL) has secured three major Engineering, Procurement and Construction (EPC) contracts worth about Rs 17.7 billion, further consolidating its position as one of India’s leading renewable energy EPC companies.

In a stock exchange filing, the company announced that it had been declared the L1 bidder for two domestic solar EPC projects — a 363 MWp DC project in Rajasthan and a 580 MWp DC project in Uttar Pradesh. Both projects will be executed on a Balance of System (BOS) basis.

Additionally, SWREL has received a Letter of Intent (LOI) for a 115 MWp DC solar project in South Africa, valued at approximately USD 120 million (Rs 10 billion). This marks the company’s third major project in South Africa, with its earlier two projects progressing on schedule.

With these latest wins, Sterling and Wilson’s total EPC order inflows for the current financial year have surpassed Rs 37.7 billion, underscoring its strong execution capabilities and growing global footprint.

A part of the Shapoorji Pallonji Group, SWREL provides EPC solutions across utility-scale solar, hybrid, energy storage, and wind projects. The company boasts a global installed and under-construction portfolio of over 24.4 GWp, and operates and maintains an additional 9.1 GWp through its O&M services.

Despite the robust order pipeline, SWREL’s shares ended 7.5 per cent lower on Friday. The stock has fallen by over 50 per cent so far this year amid broader market volatility in the renewable energy sector.

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..