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Sterling and Wilson Renewable bags order worth Rs 1,535 crore

29 Sep 2023 Evaluate

Sterling and Wilson Renewable Energy (SWRE) has received the notification of award for the EPC project of 300 MWac of NTPC Renewable Energy (NTPC REL) at Khavda RE Power Park, Rann of Kutch, Gujarat. The total Contract Price, including O&M for 3 years, would be Rs 1,535 crore (inclusive of taxes).

This is the third order for SWRE from NTPC REL in just over a year. This 300 MWac project is synergistically located between the first two projects won. The formal contract signing is likely to happen in due course.

Sterling and Wilson Renewable Energy is engaged in the business of construction and maintenance of power plants. The company's products and services range include Contract activities and Operation Services.

Peers
Company Name CMP
Larsen & Toubro 3869.05
Kalpataru Projects 1407.35
NCC 133.80
Rail Vikas Nigam 208.00
KEC International 396.80
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