Sterling & Wilson Wins ₹1,470 Cr Orders For Three Renewable Projects

Mumbai-based Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable EPC company backed by Reliance group, has secured three new domestic letters of award worth ₹1,470 crore. The company received two letters of award from private IPPs and was declared L1 for a 200 MW AC solar project.

SWREL’s first Wind EPC order came from a private IPP for a hybrid project in Rajasthan. The scope of work includes Engineering, Procurement, and Construction (EPC) for a 69.3 MW Wind Balance of Plant (BoP) and 58 MW AC / 75 MWp DC Solar BoS, along with a 132 kV / 33 kV pooling substation. Additionally, Sterling and Wilson were also declared L1 for a turnkey 200 MW AC / 260 MWp DC solar project in Gujarat, awarded by a leading PSU developer.

Renewable Projects in Rajasthan & Gujarat

In Rajasthan, SWREL received an order for a hybrid project from a private IPP. The scope includes EPC for a 69.3 MW Wind BoP and 58 MW AC / 75 MWp DC Solar BoS, along with a 132 kV / 33 kV pooling substation. In Gujarat, the company secured a turnkey solar EPC project for 200 MW AC / 260 MWp DC from a leading PSU developer.

Expressing enthusiasm over these wins, Chandra Kishore Thakur, Global CEO of Sterling and Wilson Renewable Energy Limited, stated, “We are excited to secure these prestigious domestic projects, including our foray into Wind EPC through a hybrid project. This marks a significant milestone as we expand our market–leading presence in solar and battery energy storage systems (BESS) to offer holistic EPC solutions for hybrid projects. These wins reflect our commitment to aligning with customer requirements and market trends.”

The company, which returned to profits in Fy25, will hope to build on the momentum and deliver on a pipeline of projects which do not yet include much from parent firm Reliance, despite its stated net zero ambitions.

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With a lifetime portfolio of over 21.7 GWp (including projects commissioned and under various stages of construction), SWREL also manages an operation and maintenance (O&M) portfolio of 8.8 GWp solar power projects, including for projects constructed by third parties. Present in 28 countries today, SWREL has operations in India, South-east Asia, Middle East, Africa, Europe, Australia, and the Americas.

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