Sterling and Wilson Renewable Energy Limited (SWREL) has recently informed exchanges that the company has received two new domestic orders from Private IPPs valued at Rs 512 crore.
The company was awarded an order for the engineering, procurement and construction of a 200 MW AC / 250 MWp DC PV plant for a PV project in Gujarat, India. It has obtained a LOA for the engineering, procurement and construction of a 50 MW AC / 65 MWp DC PV plant in Maharashtra, India.
Regarding the order wins, Mr. Amit Jain, Global CEO of Sterling and Wilson Renewable Energy Group, stated, “We are very happy to bag two more prestigious domestic solar projects from leading Private IPPs and these project wins showcase our strong positioning in a fast growing market.”
He added, “Both orders have been received from repeat clients thereby reaffirming our robust execution credentials. In the current year, out of the 6 major domestic orders received, 5 are from our existing clients showing the confidence customers have reposed in us to be a part of their growth in the domestic renewable market.“
