Business Update22 Sept 2026, 08:49 am
SWREL Secures Orders Worth ~₹985 Cr in India & South Africa
AI Summary
Sterling and Wilson Renewable Energy Limited (SWREL) has announced securing significant new orders totaling over approximately INR 985 crore. The orders include a 534.3 MWp domestic project in Rajasthan from a new customer and an international order in South Africa for two Battery Energy Storage System (BESS) projects with a total capacity of 616 MWh. The Rajasthan order is for a Balance of System (BOS) package, while the South African order is a turnkey EPC project for BESS. This dual win highlights SWREL's strong project execution capabilities, customer trust, and its role in advancing renewable energy and energy storage solutions globally.
Key Highlights
- Secured domestic order of 534.3 MWp in Rajasthan.
- Secured international order for 616 MWh BESS in South Africa.
- Total value of new orders exceeds approximately INR 985 crore.
- Orders from a new customer in India and a repeat customer in South Africa.
- South African order is SWREL's second-largest utility-scale BESS project.
Price Impact
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