Business Update20 Apr 2026, 09:32 am
SWREL Secures ₹3,550 Cr in New Domestic Orders
AI Summary
Sterling and Wilson Renewable Energy Limited (SWREL) has announced the receipt of significant new domestic orders totaling approximately INR 3,550 crore. This includes being declared the L1 bidder for an 875 MW AC turn-key EPC package from Coal India in Bikaner, Rajasthan, valued at around INR 3,490 crore (including O&M and taxes). Additionally, SWREL secured a 50 MW AC project order from a private IPP in Maharashtra. These wins push SWREL's total EPC order inflows for FY26 beyond INR 10,062 crore, exceeding their initial target. The company views these orders as a strong closing to FY26 and a positive indicator of India's renewable energy growth trajectory.
Key Highlights
- SWREL secured new domestic orders worth approximately INR 3,550 crore.
- L1 status for 875 MW EPC project from Coal India in Rajasthan.
- Received 50 MW AC project order from a private IPP in Maharashtra.
- FY26 EPC order inflows now exceed INR 10,062 crore, surpassing targets.