Sterling and Wilson Renewable Energy Ltd (SWREL) has bagged a major ₹1,200 crore contract for a 500 MW solar photovoltaic (PV) project in Gujarat.
The project includes designing, engineering, procuring, and constructing the Balance of System (BOS), alongside a three-year operations and maintenance (O&M) agreement.
Strengthening Leadership in Renewable Energy
The deal reinforces SWREL’s prominent position in India’s fast-growing renewable energy sector. The Letter of Intent (LoI) represents another significant step in the company’s dedication to supporting India’s clean energy ambitions.
As the exclusive entity responsible for EPC work, Sterling and Wilson will ensure seamless project execution.
Driving India’s Renewable Energy Transition
Amit Jain, Global CEO of Sterling and Wilson Renewable Energy Group, stated, “The project will support India and Gujarat in advancing their clean energy objectives.” He added, “The continued trust of customers reinforces our commitment to contributing to India’s renewable energy transition.”
Aligning with National and Regional Goals
The project aligns closely with India’s goal of expanding renewable energy capacity to meet its climate commitments.
It also bolsters Gujarat’s efforts to become a leader in clean energy production, fueling further growth in the sector.
As reported by manufacturingtodayindia.com, Sterling and Wilson has added to its solar energy portfolio. This addition reinforces the company’s pivotal role in shaping India’s sustainable energy future.
