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Sterling and Wilson Secures Major Order from Adani Green Energy

Story Highlights
  • Sterling and Wilson Renewable Energy secures INR 1,381 crore order from Adani Green.
  • The order strengthens SWREL’s leadership in the Indian solar market with a 5-year partnership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sterling and Wilson Secures Major Order from Adani Green Energy

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Sterling And Wilson Renewable Energy Limited ( (IN:SWSOLAR) ) has shared an update.

Sterling and Wilson Renewable Energy Limited has announced a significant order worth approximately INR 1,381 crore from Adani Green Energy for three solar power projects at the Khavda Renewable Energy Park in Gujarat. This order, which includes a Balance of System package for goods and onsite services, is part of a 5-year Strategic Partnership Framework Agreement with Adani Green, further solidifying SWREL’s leadership in the Indian solar market. The company has achieved over INR 6,450 crore in order inflows this fiscal year, underscoring its robust pipeline and strong market position.

More about Sterling And Wilson Renewable Energy Limited

Sterling and Wilson Renewable Energy Limited (SWREL) is a global leader in providing end-to-end renewable engineering, procurement, and construction (EPC) solutions. The company specializes in utility-scale solar, floating solar, hybrid & energy storage, and wind solutions, boasting a portfolio of over 24.4 GWp. SWREL also 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.

Average Trading Volume: 233,492

Technical Sentiment Signal: Sell

Current Market Cap: 52.77B INR

See more data about SWSOLAR stock on TipRanks’ Stock Analysis page.

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