New Delhi, April 1 – Sterling and Wilson Renewable Energy Limited (SWREL) has announced the acquisition of three significant green energy projects in India, with a combined estimated value of ₹1,470 crore.
Hybrid Wind-Solar Project in Rajasthan Marks New Milestone
The company received a Letter of Award (LoA) for a wind-solar hybrid project in Rajasthan, ranging between 69.3 MW to 75 MW. This venture marks SWREL's entry into the wind EPC (Engineering, Procurement, and Construction) segment, expanding its portfolio beyond solar energy.Lowest Bidder for 260 MW Solar Plant in Gujarat
In Gujarat, SWREL has emerged as the lowest bidder for a turnkey solar project with a capacity of 260 MW. The project highlights the company’s growing competitiveness in large-scale solar EPC tenders.Additional PV Plant Contract in Rajasthan
Further strengthening its presence in Rajasthan, SWREL has also received a separate LoA for the construction of a photovoltaic (PV) solar plant in the state.Leadership Statement
Chandra Kishore Thakur, Global CEO of Sterling and Wilson Renewable Energy Limited, expressed enthusiasm over the developments, stating:The wins underscore SWREL’s continued momentum in India's renewable energy sector and its strategic expansion into hybrid and wind energy solutions.“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.”
