Sterling and Wilson Renewable Energy (SWREL), a leading renewable EPC player, has received a Letter of Intent (LoI) from a prominent private Independent Power Producer (IPP) for a Balance of System (BOS) EPC package.
The contract involves the development of a 300 MW AC / 420 MWp DC solar PV project, along with a 220/33 kV pooling substation in Rajasthan, India. Valued at ₹415 crore, the scope includes engineering, procurement, construction, operations, maintenance, and all applicable taxes.
Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group, commented:
“We are excited to partner with a leading global renewable developer with ambitious growth plans in India, and proud to secure our first private IPP order this fiscal. This order reflects our robust execution capabilities and further strengthens our gross order inflow, which has now crossed ₹2,400 crore this year.”
This win underscores SWREL’s growing presence in the private solar EPC segment and its continued contribution to India’s renewable energy landscape.
News by Rahul Yelligetti.