Sterling and Wilson Renewable Energy Ltd (SWREL) on Monday said it has bagged new orders worth ₹3,550 crore.
SWREL has been declared as the lowest bidder in a tender of Coal India for a turn-key EPC package for development of an 875 MW (AC) grid-connected solar PV project in Bikaner, Rajasthan, India, according to a company statement.
The total value of the contract, including O&M and taxes is ₹3,490 crore, it stated.
1 April 2026
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The company also received an order for a 50 MW AC project in Maharashtra, from a leading Indian Private IPP.
With these new orders, the total value of EPC order inflow in FY26 has exceeded ₹10,062 crore, according to the statement.
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 ₹10,000 crore in EPC order inflows, which is significantly higher than our initial target set for the year." The SWREL is a global pure-play, end-to-end renewable engineering, procurement, and construction (EPC) solutions provider.
The company provides EPC services for utility-scale solar, floating solar, hybrid & energy storage and wind solutions and has a total portfolio of over 26.1 GWp (including projects commissioned and under various stages of construction).
SWREL also manages an operation and maintenance (O&M) portfolio of 10.1 GWp solar power projects, including for projects constructed by third parties. Present in 28 countries today, Sterling and Wilson Renewable Energy Limited has operations in India, South-east Asia, West Asia, Africa, Europe, Australia, and the Americas.
