Sterling and Wilson Renewable Energy gets 2 new orders worth Rs 512 crore

Sterling and Wilson Renewable Energy Ltd (SWREL) on Tuesday said it has secured two new contracts worth Rs 512 crore.

In a regulatory filing the company said it has received two new domestic solar Engineering, Procurement and Construction (EPC) orders from private independent power producers (IPPs) including a 250 MWp DC project in Gujarat, and LOA for a 65 MWp DC project in Maharashtra.

The orders have been placed by two private independent power producers (IPPs), SWREL said in a statement.

"In the current year, out of the 6 major domestic orders received, 5 are from our existing clients showing the confidence customers have reposed in us to be a part of their growth in the domestic renewable market," said Amit Jain, Global CEO, Sterling and Wilson Renewable Energy Group.