Sterling Wilson wins major African solar project

Sterling and Wilson Renewable Energy Limited (SWREL), a leading domestic renewable EPC, has announced that it has secured three new projects

The company has been declared L1 for the Engineering, Procurement, and Construction of a 363 MWp DC PV plant in Rajasthan, India (approx. US$430mn).

Additionally, SWREL has been declared L1 for the Engineering, Procurement, and Construction of a 580 MWp DC PV plant in Uttar Pradesh, India (approx. US$690mn). Both domestic orders are on a BOS basis.

The company has also received a Letter of Intent (LOI) for a 115 MWp project in South Africa, valued at approximately US$120mn.

The combined EPC value of these three new orders is approximately INR 1,772 crore (approx. US$1.24bn), bringing total order inflows for this fiscal year to INR 3,775 crore (approx. US$2.64bn).

Speaking on the order wins, Chandra Kishore Thakur, global CEO, Sterling and Wilson Renewable Energy Limited, said, “We are very happy to have won two more prestigious domestic solar projects and these project wins continue to reflect our strong positioning in a fast growing domestic market. Apart from our leading presence in India, we are also encouraged by the strong inroads we are making into another rapidly growing market in South Africa where we have bagged our third order worth USD 120 million. Our earlier two projects in South Africa are progressing well. We will be completing the projects in Q1 FY2027 and will be maintaining our order booking margins.”