Sterling and Wilson Renewable Energy Limited — Updates, 22-12-2024: Press Release

Sterling and Wilson Renewable Energy Limited has secured a significant domestic order valued at approximately ₹1,200 crore for a 500 MW (AC) Solar PV project in Gujarat. This order encompasses the Design, Engineering, Procurement, and Construction (EPC) of the Balance of System (BoS) and includes a comprehensive Operations & Maintenance (O&M) contract for three years.

The Global CEO, Amit Jain, emphasized that this order reflects the company's commitment to supporting India's transition to clean energy and highlights the trust customers place in Sterling and Wilson as a partner in the renewable market. With operations in 28 countries and a portfolio exceeding 20.7 GWp, the company is poised for increased growth amid the expanding renewable energy sector in India. This development presents a positive outlook for potential earnings and market positioning in a growing industry focused on sustainability and economic growth.