Sterling and Wilson stock to be in focus on Wednesday as company secures ₹415 crore solar project order
Renewable solutions provider Sterling and Wilson Renewable Energy informed investors through an exchange filing post-market hours on Tuesday that it had secured a significant order to set up a solar power project in Rajasthan.
According to the company’s press release, it received a Letter of Intent (LOI) from a leading private IPP for a BOS EPC package to develop a 300 MW AC / 420 MWp DC Solar PV Project, along with a 220/33 kV pooling substation in Rajasthan, India. The total contract value is approximately ₹415 crore, including O&M and taxes.
