Sterling and Wilson Renewable Energy Limited (SWREL), a leading domestic renewable EPC company, has announced a new domestic order from a private IPP.
The Letter of Award (LOA) pertains to the supply, installation, and commissioning of a 305 MW AC / 396 MWp DC photovoltaic (PV) plant in Rajasthan, India, awarded by one of its repeat customers. The total contract value, including taxes, is approximately Rs 504 crore.
With significant growth in projects from private IPPs, SWREL is witnessing a robust pipeline of opportunities, particularly from repeat clients in the private sector.
Commenting on this milestone, Amit Jain, Global CEO of Sterling and Wilson Renewable Energy Group, stated, "We have made significant inroads into the domestic private IPP market this year, and this latest project win reflects our strong market positioning and commitment to delivering exceptional value. In addition to the strong pipeline of private sector orders, we anticipate a substantial number of bids from PSUs in Q4, which bodes well for achieving our annual order booking targets."