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Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route

Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […]

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Sterling and Wilson Renewable Bags Third Order from NTPC REL at Khavda

Sterling and Wilson Renewable Energy Limited (SWRE) has announced that it has received the Notification of Award for the EPC project of 300 MWac of NTPC Renewable Energy Limited (NTPC REL) at Khavda RE Power Park, Rann of Kutch, Gujarat. The total contract price, including O&M for three years, would be INR 1,535 crore (inclusive […]

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Sterling and Wilson Renewable Adds 600 MW Order From GIPC

Sterling and Wilson Renewable Energy Limited (SWRE), has announced that it has received a Letter of Intent (LoI) from Gujarat Industries Power Company Limited (GIPCL), for its proposed 600 MWac (equivalent to 750 MWdc) solar PV project at Khavda. The total bid value, including O&M for 3 years would be ~INR 1,130 crore (including taxes […]

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Sterling and Wilson Renewable Energy Continues Its Revival With Big Order Wins

Sterling and Wilson Renewable Energy Limited (SWRE or SWSOLAR) the leading renewable EPC, announced that it has won orders worth INR 826 crore in the first four months of FY 2023-24. The orders aggregate to around 1 GWp and include projects in Rajasthan, Uttar Pradesh and Gujarat. Scope of work for all projects include design, […]

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Sterling & Wilson Selects Nextracker for NTPC REL’s 1.255 GW/1.568 GW Project 

A provider of solar tracker and software solutions, Nextracker, has announced the signing of an agreement with Sterling and Wilson Renewable Energy Limited, which is renewable energy EPC and O&M solutions provider. Nextracker will deliver its solar trackers to NTPC Renewable Energy Limited’s 1.255 GW solar PV project in Khavda Renewable Energy Park, Gujarat. Sterling […]

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Sterling And Wilson Renewable In MoU For 961MWp Solar Plants In Nigeria

Sterling and Wilson Solar Solutions, Inc (SWSS), the US step down subsidiary of Sterling and Wilson Renewable Energy Limited (SWRE) has announced that it has signed a Memorandum of Understanding (MOU) with the Government of the Federal Republic of Nigeria, along with its consortium partner Sun Africa. The MOU is for the development, design, construction, and […]

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S&W Solar Wins its 1st Waste-to-energy Project Worth ~₹1,500 cr

Sterling and Wilson Solar Limited (S&W), which provides solar EPC and O&M solutions, has stated that it has received its first order, worth around Rs 1,500 crore, for its waste-to-energy business from a leading developer of energy assets in the UK and Europe. Last month, the company had announced expansion of its renewable energy offerings […]

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Sterling & Wilson Commissions 66 MWp Solar Energy Project in Jordan

Sterling and Wilson Solar Limited, a leading solar EPC and O&M solutions provider, has commissioned a 66 MWp Al Husainiyah solar power plant in Jordan. The project, located on an area of 1.3 sq. km in Ma’an Governorate, 200 km south of Amman, was executed with more than 850,000 safe manhours during the pandemic, by […]

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Sterling and Wilson Solar Q1 Results. Underwhelming

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […]

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