Sterling and Wilson Solar Limited (SWSL)has bagged an Engineering Procurement Construction (EPC) contract in Australia for Rs 2,600 crore.
Further, the contract includes operation and maintenance which is estimated to be worth Rs 415 crore for 20 years, the company said in a statement.
This contract, its largest in Australia, comes within 15 months of setting up operations there.
With this order, the Shapoorji Pallonji backed company’s cumulative order book in Australia is estimated to be Rs 4,900 crore.
A substantial portion of the company’s international revenues for the current financial year will come from Australia, South America and the United States (US) where the construction of solar projects has now commenced, the company said. However, it did not provide details of the revenue breakup.
