Deals12 Aug 2024, 12:35 am
Sterling and Wilson Renewable Energy Ltd Receives INR 550+ Crore Order for PV Plant in Rajasthan
AI Summary
Sterling and Wilson Renewable Energy Ltd (SWREL) has announced that it has received a new domestic solar EPC order for a 400 MW AC / 633 MW DC project in Rajasthan, India. The total order value is approximately INR 550+ crore. This order win brings the total order inflows in the second quarter of FY25 to around INR 900 crore, in addition to the INR 2,170 crore order inflow announced in Q1FY25. SWREL is a global pure-play, end-to-end renewable engineering, procurement, and construction (EPC) solutions provider, with a total portfolio of over 19.4 GWp and managing an operation and maintenance (O&M) portfolio of 8.2 GWp solar power projects.
Key Highlights
- Received a new domestic solar EPC order for a 400 MW AC / 633 MW DC project in Rajasthan, India
- Total order inflows this quarter are around INR 900 crore
- Order inflow of ~INR 2,170 crore seen in the first quarter
- SWREL is a global pure-play, end-to-end renewable EPC solutions provider
- SWREL has a total portfolio of over 19.4 GWp and managing an operation and maintenance (O&M) portfolio of 8.2 GWp solar power projects