Sterling and Wilson Renewable Secures ₹550 Crore Solar Project in Rajasthan

Sterling and Wilson Renewable Energy (SWREL) has been awarded a significant domestic solar EPC contract valued at approximately ₹550 crore. This new project, set in Rajasthan, involves the development of a substantial 400 MW AC/633 MW DC solar power plant for a prominent private renewable energy provider in India. The contract includes comprehensive engineering, design, testing, and commissioning responsibilities, as well as the construction of a 33/220 kV switchyard.

The impressive order win boosts SWREL's domestic order inflows to around ₹900 crore for the second quarter of FY25, complementing the ₹2,170 crore secured in the first quarter. This substantial influx underscores the company’s strong position and aggressive growth strategy in the renewable energy sector.

SWREL’s recent success reflects a strategic focus on expanding its footprint in India’s renewable energy market. The new project aligns with the company's broader goals of scaling its operations and enhancing its market share within the rapidly growing solar sector.

The contract further solidifies SWREL’s role as a key player in India's renewable energy landscape, showcasing its capability to handle large-scale solar projects and its ongoing commitment to advancing sustainable energy solutions.

With a solid pipeline of orders and a strong track record, Sterling and Wilson Renewable Energy is well-positioned to continue its upward trajectory in the renewable energy market.

News by Rahul Yelligetti