Sterling & Wilson Renewable Energy secures two new orders worth Rs 5.12 bn
Sterling and Wilson Renewable Energy (SWREL) announced that it has secured two new contracts worth Rs 5.12 billion. In a regulatory filing, the company reported receiving two domestic solar Engineering, Procurement, and Construction (EPC) orders from private independent power producers (IPPs). These include a 250 MWp DC project in Gujarat and a Letter of Award (LOA) for a 65 MWp DC project in Maharashtra.
The orders were placed by two private IPPs, according to a statement from SWREL.
Amit Jain, Global CEO of Sterling and Wilson Renewable Energy Group, stated that five out of the six major domestic orders received this year were from existing clients, indicating the trust and confidence customers have in the company to support their growth in the domestic renewable market.
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