Sterling and Wilson Renewable Energy Limited (SWREL) (BSE: 542760; NSE: SWSOLAR), a leading renewable engineering, procurement and construction (EPC) company, has announced significant new order wins in India, reinforcing its strong position in the country’s clean energy sector. The company has emerged as the lowest bidder (L1) for a major tender floated by Coal India Limited. The project involves a comprehensive turnkey EPC package for the development of an 875 MW (AC) grid-connected solar photovoltaic project in Bikaner, Rajasthan. The total contract value, including operations and maintenance (O&M) services and applicable taxes, stands at approximately INR 3,490 crore.
In addition to this large-scale project, SWREL has also secured an order for a 50 MW (AC) solar project in Maharashtra from a prominent domestic independent power producer (IPP). These wins further strengthen the company’s execution pipeline and domestic footprint. With the addition of these contracts, SWREL’s total EPC order inflow for FY26 has crossed INR 10,062 crore, surpassing the company’s earlier projections for the financial year.
Commenting on the development, Chandra Kishore Thakur, Global CEO of Sterling and Wilson Renewable Energy Group, said the company is pleased to secure its first project from Coal India and to be part of its transition into renewable energy. He noted that closing FY26 with order inflows exceeding INR 10,000 crore marks a strong finish to the year and reflects robust demand for solar EPC services in India. He added that the country continues to witness steady expansion in renewable energy capacity, and the company remains focused on maintaining its growth momentum.
Sterling and Wilson Renewable Energy Limited operates as a global pure-play renewable EPC solutions provider, offering end-to-end services across utility-scale solar, floating solar, hybrid systems, energy storage, and wind projects. The company has built a total portfolio exceeding 26.1 GWp, including commissioned assets and projects under various stages of execution.
In addition, SWREL manages an operations and maintenance portfolio of around 10.1 GWp of solar power projects, including assets developed by third parties. The company has established a strong international presence, with operations spanning 28 countries across regions such as India, Southeast Asia, the Middle East, Africa, Europe, Australia, and the Americas.
