Sterling and Wilson Renewable Energy Limited (SWREL), a leading renewable energy EPC company, announced a major order from Adani Green Energy Ltd following the signing of a 5-year Strategic Partnership Framework Agreement. The order, valued at ₹1,381 crore, marks SWREL’s first project under this long-term collaboration.
Order Details
- Client: Adani Green Energy Ltd
- Order Value: ₹1,381 crore
- Scope: Balance of System (BOS) package for three solar power projects
- Location: Khavda Renewable Energy Park, Gujarat
- Duration: Part of a 5-year strategic partnership
The project includes both supply of equipment and onsite services, reinforcing SWREL’s execution capabilities in India’s largest renewable energy parks.
Project Context and Significance
SWREL is currently managing approximately 6 GW of solar projects in the Khavda region, with 5 GW scheduled for completion in this fiscal year. This 1 GW order further strengthens the company’s dominance in Gujarat’s renewable energy sector.
Chandra Kishore Thakur, Global CEO of SWREL, said:
“This strategic partnership with Adani Green and our largest domestic EPC order this fiscal underscores the trust our clients place in our engineering and execution capabilities. It also highlights our leadership in India’s rapidly growing solar market.”
With this order, SWREL’s total order inflows for the fiscal have surpassed ₹6,450 crore, and the company continues to maintain a robust project pipeline.
Summary
SWREL has secured a ₹1,381 crore order from Adani Green Energy Ltd as part of a 5-year strategic partnership, covering BOS packages for three solar projects at Khavda Renewable Energy Park in Gujarat. The deal enhances SWREL’s leadership in India’s solar EPC market and boosts its total fiscal order inflows to over ₹6,450 crore.
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