Sterling & Wilson Gets 1500MWdc NTPC Order For Rs 2,100 cr

Sterling & Wilson Gets 1500 MWdc NTPC Order for Rs 2,100 cr

By Saur News Bureau/ Updated On Tue, Mar 21st, 2023

Highlights :

Previously the firm accounted that the project was bagged for Rs 2,212 crore.
It emerged as the L-1 bidder for the balance of system (BOS) package comprising four blocks of the proposed solar PV plant of NTPC.

Mumbai-based Sterling & Wilson Renewable Energy Ltd (SWRE) has said that the clean energy company has emerged as a successful bidder for a renewable energy project of Rs 2,100 crore.

Sterling & Wilson held that it emerged as the L-1 bidder for the balance of system (BOS) package comprising four blocks of the proposed solar PV plant of NTPC Renewable Energy Limited at Khavda RE Power Park, Rann of Kutch, Gujarat. Each block in the NTPC REL project is of 300 MWac.

Sterling & Wilson also said that the total capacity of the renewable energy project is 1500 MWdc. The total bid value has been informed to be Rs 2,100 crore including all taxes. This also includes operation and maintenance (O&M) for three years.

“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy

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In October 2022, Sterling & Wilson announced that it had bagged this order for Rs 2212 crore. The proposed bid of the firm then announced was 1,12MWac/1568MWdc at the same location. The scope of work includes design, engineering, supply, construction, erection, testing and commissioning. It also includes a contract for operation and maintenance (O&M) for three years.

The company has operations in 25 countries. It offers EPC services for utility-scale solar, floating solar and hybrid and energy storage solutions.

Globally, Sterling & Wilson maintains a portfolio of 12.8 GW and its O&M segment is of 6 GW.