Sterling and Wilson Renewable Energy bags Rs 1,313 crore South Africa solar project, EPC inflows cross Rs 5,088 crore

Sterling and Wilson Renewable Energy (SWREL) has secured a major EPC contract worth around Rs 1,313 crore (about $147 million) for a 240 MW AC solar project in South Africa.

This is the company’s second international order from South Africa in the current fiscal year.

SWREL’s four projects now underway in South Africa

With this latest contract, the Mumbai-based renewable engineering, procurement and construction (EPC) player is now working on four turnkey solar PV projects with four different developers in South Africa.