Sterling and Wilson Renewable Energy secures Rs 504 cr solar order in Rajasthan

Sterling and Wilson Renewable Energy Ltd secured a Rs 504 crore order for a solar power plant in Rajasthan. The project involves a 305 MW AC/396 MWp DC photovoltaic plant for an independent power producer. The order includes supply, installation, and commissioning, reflecting a robust pipeline from private and repeat clients.

Sterling and Wilson Renewable Energy Ltd (SWREL) on Monday said it has received an order worth Rs 504 crore for a solar plant in Rajasthan. The repeat order from an IPP (independent power producer) is for the supply, installation and commissioning of a 305 MW AC (megawatt alternate current)/ 396 MWp DC (direct current) PV (photovoltaic) plant for a PV project in Rajasthan, the company said in an exchange filing. The total value of the work, including taxes is approximately Rs 504 crore, it said.

"We too are seeing a strong pipeline of projects from the private sector and especially from our repeat clients," SWREL said sharing its outlook for the sector. Sterling and Wilson Renewable Energy Ltd's offerings include EPC (Engineering, procurement, and construction) solutions for hybrid energy and energy storage. Nominations for ET MSME Awards are now open.

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