It’s Shopping Sunday For Reliance With 40% Stake in Sterling And Wilson Solar Updated On Sun, Oct 10th, 2021 by Saurenergy In a Stock exchange filing today, Sterling and Wilson Solar has informed the exchange about the signing of definitive agreements by Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (Reliance), and Shapoorji Pallonji and Company Private Ltd (SPCPL), Khurshed Daruvala and Sterling and Wilson Solar Ltd (SWSL) to acquire 40.0% […] Read more
Sterling and Wilson Solar Q1 Results. Underwhelming Updated On Mon, Aug 16th, 2021 by Saurenergy Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […] Read more
Sterling and Wilson Solar Q4 2021 Results-Heavy Losses Updated On Wed, Jun 30th, 2021 by Saurenergy The Shapoorji Pallonjee Group’s Sterling and Wilson Solar, on Tuesday, announced their March results and the story is not good. Having already informed exchanges about hits the firm took in the quarter from a contractor’s bankruptcy, and other issues, the firm slipped into losses for the year. The firm had earlier issued a warning regarding […] Read more
Amit Jain takes Over As Global CEO At Sterling And Wilson Solar Updated On Mon, Jun 14th, 2021 by Saurenergy India-based Global Solar EPC leader Sterling and Wilson Solar Limited (SWSL) / Company) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), has announced the appointment of Amit Jain as Global CEO. He succeeds Bikesh Ogra, who relinquished the position with effect from 31st May 2021. Ogra will continue as a Director on the Board of the […] Read more
Sterling and Wilson Solar Adds to Order Book With 930 Cr Egypt Order Updated On Wed, Feb 17th, 2021 by Saurenergy Leading Solar EPC firm Sterling and Wilson Solar has bagged an order worth Rs 930 crore in Egypt. The order worth USD 127.5 million (Rs 930 crore) in the Kom Ombo region of Egypt, is likely to be the 200 MW bid won by Saudi Arabia’s ACWA power in 2018, with the original project deadline […] Read more
Order Book The Bright Spot in Sterling and Wilson Solar Q2 Results Updated On Thu, Nov 12th, 2020 by Saurenergy Sterling and Wilson Solar Limited has declared its financial results for the quarter ended September 30, 2020, also the end of the first half of the financial year for the firm. The nature of the EPC business, along with the impact of the Corona pandemic on execution schedules, means, the firm is yet again forced […] Read more
Sterling And Wilson Solar Continues European Push With New Office In Spain Updated On Mon, Nov 9th, 2020 by Saurenergy Sterling and Wilson Solar Limited, has opened its new office in Spain. Located in Seville, the office will serve as the firm’s headquarters for its European operations serving and tapping markets like Portugal, Spain, Italy, Poland, among others. Mr. Vikas Bansal, Regional Head – Europe said, “We see this office opening as an important step […] Read more
Sterling and Wilson Solar Bags Rs 462 Crore Solar Project in Chile Updated On Fri, Sep 18th, 2020 by Saurenergy Sterling and Wilson Solar has signed an order of 106.71 MW solar project worth Rs 462 crore in Chile, work for which is expected to begin in Q4 FY 2021. Sterling and Wilson Solar has announced that it has signed an order of 106.71 MW solar project worth USD 62.6 million (~Rs 462 crores) in […] Read more
Sterling and Wilson Solar Board Pushes for Security From Promoters Updated On Thu, Jul 9th, 2020 by Saurenergy The board of Sterling and Wilson Solar has asked company promoters to provide necessary security in respect of default on the loan installment of Rs 500 crore that was due on June 30. This was communicated by the firm in a release yesterday. The firm, which has been struggling with the issue of its promoters […] Read more