Sterling and Wilson Renewable Energy Ltd (SWREL), one of India’s leading EPC players in the renewable sector, has further strengthened its portfolio by emerging as the L1 (lowest) bidder for a major 225 MW solar project, underscoring its dominance and growth trajectory in the clean energy space.
Key Highlights
Major Project Win
SWREL has been declared the L1 bidder for a turnkey solar project of 200 MW AC (260 MWp DC) in Gujarat, awarded by a leading public sector developer.
The company also secured additional EPC orders, bringing its recent cumulative project wins to approximately ₹1,470 crore, including hybrid and solar projects across Gujarat and Rajasthan.
Expanding Portfolio
This victory marks another milestone for SWREL, which is rapidly expanding its presence in both solar and hybrid (wind-solar) EPC segments.
The company’s foray into wind EPC through a hybrid project in Rajasthan signals a strategic move towards holistic renewable solutions.
Project Scope & Impact
The Gujarat solar project’s scope includes engineering, procurement, and construction (EPC) of the plant, with a focus on advanced photovoltaic technology and robust grid integration.
These projects are expected to significantly contribute to India’s renewable energy targets and provide a boost to local employment and green infrastructure.
Leadership Commentary
Chandra Kishore Thakur, Global CEO of SWREL, expressed excitement over the wins, highlighting the company’s market-leading presence in solar and its new capabilities in wind EPC for hybrid projects.
Industry Outlook
With these wins, SWREL continues to position itself as a preferred EPC partner for both public and private sector renewable energy developers, reinforcing its commitment to sustainable growth.
Source: Economic Times Energy