Sterling and Wilson Renewable Energy Limited (SWREL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), a leading renewable EPC has announced 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 “Rs 3,490 crore, the company said in an exchange filing.
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 Rs 10,062 crore.
Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group said, “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 Rs 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.”
