Mumbai, May 28, 2025 – Sterling and Wilson Renewable Energy Limited (SWREL) (BSE: 542760 | NSE: SWSOLAR), a global leader in renewable EPC solutions, has secured a major 225 MW (AC) solar EPC project in Gujarat, awarded by a prominent Public Sector Undertaking (PSU). As the L1 bidder, this win marks SWREL’s first domestic contract for FY26 and highlights its growing dominance in India’s solar infrastructure space.
A Strategic Win in a Key Renewable Hub
The project is a turnkey Engineering, Procurement, and Construction (EPC) contract that strengthens SWREL’s position in Gujarat—one of India’s most active states for renewable energy investment. Known for its industry-friendly solar policies and infrastructure, Gujarat continues to be a strategic focus for top EPC players like SWREL.
About Sterling & Wilson Renewable Energy Limited (SWREL)
SWREL is a leading global player in the utility-scale solar, hybrid, energy storage, and floating solar segments. The company has executed or is constructing projects totaling over 22.6 GWp across 28 countries, with an active Operations & Maintenance (O&M) portfolio of 8.7 GWp, including third-party assets.
To learn more about SWREL’s ongoing projects and global presence, visit the Sterling & Wilson Renewable Energy website.
Financial Strength and Market Expansion
Despite global volatility, SWREL has consistently focused on high-margin projects and emerging markets. The latest order aligns with India’s ambitious 500 GW non-fossil fuel capacity goal by 2030, giving SWREL a timely opportunity to contribute meaningfully to national clean energy targets.
Mr. Chandra Kishore Thakur, Global CEO of SWREL, commented:
“This landmark order is a testament to our execution capabilities and competitive pricing. Gujarat’s strong infrastructure and proactive renewable policies make it an ideal market for our EPC strengths. We look forward to more wins as FY26 unfolds.”
India’s Renewable Energy Ambitions & SWREL’s Role
India has emerged as a global renewable powerhouse, with policy pushes under initiatives like the National Solar Mission and aggressive state targets. SWREL’s robust project pipeline and established reputation as a reliable EPC partner position it well to participate in these initiatives.
This order also reflects increased confidence in domestic clean energy developers, with the public and private sectors accelerating utility-scale solar adoption.
Future Growth Trajectory
With this order, SWREL is poised to:
- Expand its domestic solar footprint in FY26
- Deepen its EPC presence in high-growth markets
- Drive long-term value for stakeholders through consistent execution and innovation
As India continues its clean energy transformation, SWREL is expected to play a pivotal role in building scalable, bankable solar infrastructure aligned with sustainability goals.
