Sterling and Wilson Renewable Energy Limited (SWREL) has secured three new domestic renewable energy projects with a combined value of approximately ₹1,470 crore, the company announced today, April 1, 2025.
The shares of Sterling and Wilson Renewable Energy Limited (SWREL) were trading at ₹266.05, up by ₹15.70 or 6.27 per cent on the NSE today at 2.40 pm.
The company marked its entry into Wind EPC with a hybrid project in Rajasthan from a private Independent Power Producer (IPP). The scope includes engineering, procurement, and construction of a 69.3 MW Wind Balance of Plant and 58 MW AC/75 MWp DC Solar BoS, along with a 132 kV/33 kV pooling substation.
SWREL has also achieved L1 status for a 200 MW AC/260 MWp DC turnkey solar project in Gujarat from a leading PSU developer. Additionally, the company received a letter of award for a PV plant in Rajasthan from a domestic IPP.
“We are very excited to bag three prestigious domestic projects including our foray into Wind EPC through a Hybrid project win which opens up a new exciting segment for us,” said Mr. Chandra Kishore Thakur, Global CEO of SWREL.
The company has already established a market-leading presence in India in Solar and Battery Energy Storage Systems (BESS). This expansion into Wind EPC positions SWREL to provide comprehensive solutions for hybrid projects.
SWREL is a global renewable EPC solutions provider with a portfolio exceeding 21.7 GWp of projects either commissioned or under construction. The company also manages operation and maintenance for 8.8 GWp of solar power projects across 28 countries.