Sterling and Wilson Secures INR 1,381 Cr Order from Adani Green
Filing Summary
Sterling and Wilson Renewable Energy Limited (SWREL) announced a significant order valued at approximately INR 1,381 crore from Adani Green Energy Limited. The order involves a Balance of System (BOS) package for three solar power projects at Khavda Renewable Energy Park in Gujarat. This agreement is part of a 5-year Strategic Partnership Framework with Adani Green. SWREL is executing around 6 GW in the Khavda region, with 5 GW scheduled for completion this fiscal year. This order contributes to SWREL’s total order inflow of over INR 6,450 crore for the fiscal year.
Sterling and Wilson Renewable Energy Limited (SWREL) has announced the receipt of an order valued at approximately INR 1,381 crore from Adani Green Energy Limited. The order is for a Balance of System (BOS) package related to three solar power projects located at the Khavda Renewable Energy Park in Gujarat. This development is part of a 5-year Strategic Partnership Framework Agreement between SWREL and Adani Green.
The order involves the supply of goods and onsite services for the solar projects. SWREL is currently executing approximately 6 GW in the Khavda region, with around 5 GW expected to be completed within the current fiscal year. The new project adds 1 GW to SWREL’s ongoing operations in the region.
SWREL has reported achieving more than INR 6,450 crore in order inflows for the current fiscal year. The company continues to maintain a significant presence in the Gujarat region through its ongoing projects and strategic partnerships.
Adani Green Energy Limited is recognized as India’s largest and fastest-growing renewable energy developer. The company focuses on developing and operating renewable energy projects across India, contributing to the country’s renewable energy capacity expansion.
Sterling and Wilson Renewable Energy Limited is a global provider of end-to-end renewable engineering, procurement, and construction (EPC) solutions. The company offers EPC services for utility-scale solar, floating solar, hybrid and energy storage, and wind solutions. SWREL manages an operation and maintenance portfolio of 9.1 GWp solar power projects and operates in 28 countries, including India, South-east Asia, the Middle East, Africa, Europe, Australia, and the Americas.