SWREL Announces 3 Solar/Hybrid Projects Worth Rs 1,470 Cr

The cumulative order value of the three domestic projects combined is INR 1,470 crore including taxes and O&M

SWREL Announces 3 Solar/Hybrid Projects Worth Rs 1,470 Cr

Sterling and Wilson Renewable Energy (SWREL), on Tuesday, said that it has received two new domestic letter of awards from Private IPPs, and has been declared L1 in a 200 MW AC solar project.

The cumulative order value of the three domestic projects combined is ~INR 1,470 crore including taxes and O&M.

"The company received its first letter of award for a Wind EPC from a private IPP for a hybrid project in Rajasthan. The scope of work includes the engineering, procurement, and construction of a 69.3 MW Wind Balance of Plant, 58 MW AC / 75 MWp DC Solar BoS, along with a 132 kV / 33 kV pooling substation, a press statement said

It has achieved L1 for a turnkey solar project of 200 MW AC / 260 MWp DC PV plant in Gujarat, India from a leading PSU developer. The company has also received a letter of award for a PV plant in Rajasthan, India from a domestic IPP.

Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Limited shared, “We are very excited to bag three prestigious domestic projects including our foray into Wind EPC through a Hybrid project win which opens up a new exciting segment for us. We have already established a market leading presence in India in Solar and BESS, and our entry into Wind helps us provide holistic EPC solution for Hybrid projects. We continue to position ourselves as per our customer requirements, and market trajectory and these project wins are a reflection of the same.”

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