SWREL Secures Rs 14.70 Billion Orders, Enters Wind EPC Segment
Sterling and Wilson Renewable Energy (SWREL) has secured three major domestic renewable EPC contracts, with a cumulative order value of approximately Rs 14.70 billion.
Key projects include its first Wind EPC contract for a hybrid project in Rajasthan, featuring a 69.3 MW Wind Balance of Plant and a 58 MW AC / 75 MWp DC Solar BoS. The company has also been declared L1 for a 200 MW AC / 260 MWp DC solar project in Gujarat from a PSU developer and received another solar project in Rajasthan from a private IPP.
Speaking on the order wins, Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Limited shared, “We are very excited to bag three prestigious domestic projects including our foray into Wind EPC through a Hybrid project win which opens up a new exciting segment for us. We have already established a market leading presence in India in Solar and BESS, and our entry into Wind helps us provide holistic EPC solution for Hybrid projects. We continue to position ourselves as per our customer requirements, and market trajectory and these project wins are a reflection of the same.”
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