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SWSL

Sterling and Wilson Q1 2020-21 Results. Familiar Problems Continue To Dog Numbers

Sterling and Wilson Solar Limited has just declared its results for Q1 of the financial year 2021-21, and the numbers don’t make for pretty reading at all. The firm’s legacy problem of timely debt repayment from its promoters, despite assurances after the previous quarter results and analyst calls, continues to fester, something that will not […]

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Rs 747 Crore US Order Win for Sterling and Wilson

Sterling and Wilson Solar Solutions, Inc (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) has announced that it has been awarded a USD 99 million (~INR 747 crore) contract to construct a 194 MW project in the United States of America. It is being developed by a leading sustainable energy company, and […]

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Sterling & Wilson Becomes 1st Indian Company to Commission Solar Project in Oman

Adding another feather in its cap, Sterling and Wilson Solar Ltd, one of the largest solar EPC solutions providers worldwide, commissioned its first 125 MW solar energy project in Oman and become the first Indian company to commission a photovoltaic (PV) project in the region. Commenting on the landmark achievement, Bikesh Ogra, Director and Global CEO of Sterling […]

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The Project Behind Sterling and Wilson Solars AUD 615 Million Win

Last Week, Sterling and Wilson Solar (SWSL) announced its biggest, and second major contract in the Australia market, when it announced am AUD 615 million dollar win for an EPC and O&M contract in the country.  While the firm didnot disclose the name of the project, it is becoming increasingly apparent that the project is […]

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Sterling And Wilson Solar Adds Rs 3015 crore Australian order to Kitty

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), today announced that it has signed (along with its branch and Australian subsidiary) an EPC contract of approx. AUD 525 million (~ INR 2,600 crore) as well as the Operation and Maintenance (O&M) contract of approx. AUD 85 million (~ INR 415 […]

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Shapoorji Pallonji Inks Pact with KKR to Sell 5 Solar Assets for about $204 Mn

Shapoorji Pallonji Group’s infrastructure development arm, Shapoorji Pallonji Infrastructure Capital (SP Infra) has entered into the definitive sale agreements with KKR, a global investment firm, for its 5 operational solar energy plants with a capacity of 317 MWp in consideration of about Rs 15,540 million (~ USD 204 million). The development came after months of […]

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Ind-Ra Withdraws Sterling & Wilson Solar’s CP Ratings on Request

Credit rating agency India Ratings and Research (Ind-Ra) has withdrawn its rating assigned to Sterling & Wilson Solar (SWSL), a Shapoorji Pallonji Group company, on the Rs 300 crore Commercial Paper (CP) programme. The company said that “on its request, India Ratings & Research has withdrawn the ratings assigned on the Rs 300 crore Commercial […]

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S&W Solar Continues Repairwork On Reputation

Sterling and Wilson Solar, which has been through the proverbial ‘series of unfortunate incidents’ ever since its IPO, continues to build back its reputation, slowly. The firm, whose IPO price of Rs 780 back in August 2019 is now a distant memory for investors who have lost heavily, with the price down almost 90 percent […]

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Sterling and Wilson Solar Kicks-off 200 MW Solar Plant Construction in Australia

BSE-listed one of the leading solar EPC solutions provider Sterling and Wilson Solar Ltd (SWSL) on Monday said that it has commenced the construction of a 200 MW solar power plant in Australia. This Wellington solar farm is being developed by Lightsource BP, which is an independent global leader in funding, development, acquisition and management […]

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