Sterling and Wilson Renewable Energy wins orders worth Rs 826 crore
Sterling and Wilson Renewable Energy Limited a renewable engineering procurement and construction company has won orders worth Rs 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, construction and commissioning. The projects will create hundreds of construction jobs, thus benefiting the local community, the company said in a press statement.
“All orders clocked in these four months are from our recurring partners and is a testament of our expertise in the industry. Our partnerships hold immense value for us, and we are grateful for their continued trust and confidence in us,” said Amit Jain — Global CEO, Sterling and Wilson Renewable Energy Group.Sterling and Wilson Renewable Energy Limited is a global pure-play, end-to-end renewable engineering, procurement and construction (EPC) solutions provider.
The company provides EPC services for utility-scale solar, floating solar and hybrid & energy storage solutions and has a total portfolio of over 15 GWp (including projects commissioned and under various stages of construction). The company's scrip ended at Rs 383.55, up 1.02% on the BSE.
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