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Stock Report
Sterling and Wilson Renewable Energy Limited announces Three New Orders
Posted On : 2025-10-17 21:58:21( TIMEZONE : IST )
Sterling and Wilson Renewable Energy Limited (SWREL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), a leading domestic renewable EPC is proud to announce that it has bagged three new projects.
The company has been declared L1 for Engineering, Procurement and Construction of a 363 MWp DC PV plant for a PV project in Rajasthan, India.
The company also been declared L1 for Engineering, Procurement and Construction of a 580 MWp DC PV plant for a PV project in Uttar Pradesh, India. Both the domestic orders are on BOS basis.
The company also received a LOI for a 115 MWp project in South Africa worth ~USD 120 million.
The total EPC value of the three new orders is approximately INR 1,772 crore, and total order inflows this fiscal is already touched INR 3,775 crore.
Speaking on the order wins, Mr. Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Limited shared "We are very happy to have won two more prestigious domestic solar projects and these project wins continue to reflect our strong positioning in a fast growing domestic market. Apart from our leading presence in India, we are also encouraged by the strong inroads we are making into another rapdily growing market in South Africa where we have bagged our third order worth USD 120 million. Our earlier two projects in South Africa are progressing well. We will be completing the projects in Q1 FY2027 and will be maintaining our order booking margins.
With these order wins, SWREL has now achieved ~INR 3,775 crore of order inflows, and we remain confident of building on the order momentum."
Shares of Sterling And Wilson Solar Limited was last trading in BSE at Rs. 226.80 as compared to the previous close of Rs. 243.10. The total number of shares traded during the day was 1241451 in over 17055 trades.
The stock hit an intraday high of Rs. 247.45 and intraday low of 223.55. The net turnover during the day was Rs. 286267723.00.
