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Sterling and Wilson Renewable Energy Wins 225 MW Solar Project in Gujarat — FY26 Just Got Sunny 🌞

🟡 At a Glance:

Sterling and Wilson Renewable Energy Ltd (SWSOLAR, CMP ₹285.95) has emerged as the L1 bidder for a 225 MW (AC) solar EPC project from a reputed PSU in Gujarat. This marks the company’s first domestic order of FY26, reinforcing its comeback trail after a rocky FY23–24 marked by margin pressure and project delays.

🏗️ About the Company

MetricDetails
NameSterling and Wilson Renewable Energy Ltd
IndustryRenewable Energy — EPC
Founded2011 (carved out from Shapoorji Pallonji)
HeadquartersMumbai, India
Market Cap₹6,000+ Cr (approx)
Business ModelPure-play EPC for utility-scale solar, floating solar, hybrid, and storage projects
Presence28 countries — including India, SE Asia, Africa, Middle East, Europe, Australia, Americas
O&M Portfolio8.7 GWp (including 3rd party projects)

This is not your average rooftop solar installer. SWSOLAR builds entire solar cities.

🔧 Project Details: Gujarat 225 MW EPC Order

📜 Tender Overview:

  • Client: Reputed PSU (name undisclosed)
  • Scope: Turnkey EPC (Engineering, Procurement, Construction)
  • Capacity: 225 MW (AC)
  • Location: Gujarat, India
  • Nature: Grid-connected utility-scale solar
  • Status: SWSOLAR has emerged as L1 bidder (lowest
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