~ Emerged L1 for a turn-key EPC package of 245 MW AC in Gujarat from a PSU developer

Mumbai : Sterling and Wilson Renewable Energy Limited (SWREL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), a leading renewable EPC Company, is proud to announce that the company has been declared as L1 bidder in a tender of a reputed PSU developer for turn-key EPC package to develop  245 MW (AC) grid connected Solar PV Project in Gujarat, India.

Speaking on emerging as successful L1 bidder Mr. Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group shared, “We are excited to continue to build our gross order inflows1 (including L1) which has exceeded INR 2,000 crore this year. This further strengthens our position in the domestic market, which reaffirms our position as a trusted partner in renewable industry. The overall renewable market including domestic market continues to remain very buoyant, and ordering activity is beginning to gather pace which is likely to benefit EPC players going forward.”