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.

Resources

24 Dec 2025

Godrej Enterprises Group opens forklift training centre in Pune

Godrej Enterprises Group has inaugurated a Forklift Training Center in Bhosari, Pune, through RenTRUST, the rental arm of its Material Handling Equipment business, to support youth skilling, improve workplace safety and strengthen India’s manufacturing and warehousing ecosystem.Spread across 2,000 sq ft, the dedicated facility is designed to train and certify forklift operators through structured classroom learning, safety-first practices and hands-on assessments. The centre can train over 45 candidates per month, catering to growing demand for certified operators across factories, warehouse..

Delhi HC Stays PGCIL Order against KEC International

KEC International has informed stock exchanges of a significant legal development concerning its eligibility to participate in tenders floated by Power Grid Corporation of India (PGCIL), in a disclosure made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations.The update follows the company’s earlier intimation dated November 18, 2025, regarding an order issued by PGCIL that excluded KEC International from participating in its tenders for a period of nine months. Challenging the said order, the company filed a writ petition before the Hon’ble High C..

LANXESS Advances Pigment Solutions for New-Age Concrete Technologies

LANXESS is deepening its engagement with next-generation concrete technologies by advancing research into the performance of iron oxide pigments across emerging construction applications, including self-compacting concrete (SCC), geopolymers and 3D-printed concrete. Through extensive investigations and long-term weathering tests, iron oxide pigments have proven their suitability for a wide range of concrete construction materials, though their use in new formulations requires a thorough understanding of construction chemistry and material interactions.According to Oliver Fleschentraeger, Techn..