+
Sterling & Wilson Bags Rs 17.7 Billion Renewable EPC Orders
POWER & RENEWABLE ENERGY

Sterling & Wilson Bags Rs 17.7 Billion Renewable EPC Orders

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code