Sterling & Wilson Solar in talks to raise Rs 740 crore
The promoters of Sterling and Wilson Solar (SWSL) are in talks with a clutch of investors to raise about Rs 740 crore to repay outstanding loans. The company intends to raise the funds through a combination of stake sale and debt.
As per earlier commitments, the solar engineering, procurement and construction (EPC) firm has to repay the loans by September 30, 2021.
