HomeRenewable energy ›SWREL Secures 500 MW Solar PV Project Worth INR 1200 Crore in Gujarat

SWREL Secures 500 MW Solar PV Project Worth INR 1200 Crore in Gujarat

Sterling and Wilson Renewable Energy Ltd. (SWREL) has secured a Letter of Intent (LoI) for a BoS Package for 500 MW (AC) Solar PV project on EPC basis with Single Point responsibility in Gujarat worth INR 1,200 crore.

December 23, 2024. By Mrinmoy Dey

Renewable energy EPC company Sterling and Wilson Renewable Energy Ltd. (SWREL) has announced that it has received LoI for a new domestic order totalling approximately INR 1,200 crore in Gujarat.

The scope of work includes design, engineering, procurement and construction of balance of system (BOS) for 500 MW (AC) solar PV project on EPC basis. In addition to EPC with single point responsibility, it will also include comprehensive operation and maintenance for a period of three years.

Speaking on the new order announcement, Amit Jain, Global CEO, Sterling and Wilson Renewable Energy Group shared, “We are proud to receive this prestigious order, which will support India and especially Gujarat’s transition towards clean energy. It is a matter of immense satisfaction for us that customers continue to repose their trust in our team to be a part of their growth in the domestic renewable market.”

He further added, “India is one of the world's largest energy markets and must therefore focus on sustainable options to mitigate climate challenges while strengthening energy security, job creation and economic growth. We therefore remain confident about the future growth of India’s renewable energy sector and our increased role towards supporting it.”
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