SWREL Receives New Domestic Orders worth ~INR 3,550 crore

Sterling and Wilson Renewable Energy Limited (SWREL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), a leading renewable EPC is proud to announce that the company has been declared as L1 bidder in a tender of Coal India for a turn-key EPC package for development of a 875 MW (AC) grid connected Solar PV Project in Bikaner, Rajasthan, India. The total value of contract including O&M and taxes is ~INR 3,490 crore.

The company also received an order for a 50 MW AC project in Maharashtra, India from a leading Indian Private IPP.

With these new order wins, the total value of EPC order inflow in FY26 has exceeded INR 10,062 crore.

Speaking on the order wins, Mr. Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group shared, "We are delighted to announce our first project from Coal India, and to partner in their renewable energy growth story. We are excited to close an eventful FY26 on a strong note and achieve more than INR 10,000 crore in EPC order inflows, which is significantly higher than our initial target set for the year. India continues to remain on a strong growth trajectory in renewable development and as one of India's leading solar EPC companies we continue to look forward to sustaining the growth momentum."

Shares of Sterling and Wilson Renewable Energy Limited was last trading in BSE at Rs. 211.95 as compared to the previous close of Rs. 194.30. The total number of shares traded during the day was 2348328 in over 21870 trades.

The stock hit an intraday high of Rs. 227.10 and intraday low of 189.60. The net turnover during the day was Rs. 511317433.00.

Source : Equity Bulls

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