Sterling and Wilson Renewable Energy Secures INR 1,381 Crore Order from Adani Green Energy, Boosting Order Inflows
Sterling & Wilson Renewable Energy Limited (SWREL) has received a Balance of System package order worth INR 1,381 crore from Adani Green Energy Limited for three solar power projects at Khavda Renewable Energy Park, Gujarat. SWREL also signed a 5-year Strategic Partnership Framework Agreement with Adani Green Energy. The company's total order inflows for the current fiscal year now exceed INR 6,450 crore.

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Sterling & Wilson Renewable Energy Limited (SWREL), a leading player in the renewable energy sector, has announced a significant new order from Adani Green Energy Limited. The company has secured a Balance of System package order worth INR 1,381 crore for three solar power projects at Khavda Renewable Energy Park, Gujarat.
Order Details
| Aspect | Details |
|---|---|
| Order Type | Balance of System package |
| Client | Adani Green Energy Limited |
| Project Location | Khavda Renewable Energy Park, Gujarat |
| Order Value | INR 1,381.00 crore |
Strategic Partnership
In addition to this order, SWREL has signed a 5-year Strategic Partnership Framework Agreement with Adani Green Energy. This partnership is expected to strengthen the company's position in the renewable energy sector and potentially lead to more collaborations in the future.
Financial Impact
The new order significantly contributes to SWREL's order book for the current fiscal year. Here's a breakdown of the company's recent performance:
| Metric | Value |
|---|---|
| Total Order Inflows (This Fiscal Year) | Over INR 6,450.00 crore |
| New Project Value | INR 1,381.00 crore |
Market Outlook
The renewable energy market in India, particularly solar power, continues to show strong growth potential. Factors driving this growth include:
- Government initiatives promoting clean energy
- Increasing corporate demand for sustainable power solutions
- Declining costs of solar technology
- Need for improved grid stability and energy security
SWREL's success in securing large orders from major players like Adani Green Energy positions it well to capitalize on these trends and further expand its operations in the domestic market.
Conclusion
Sterling and Wilson Renewable Energy's latest order from Adani Green Energy represents a significant milestone in its growth strategy. The substantial order value of INR 1,381.00 crore, combined with the strategic partnership agreement, strengthens SWREL's position in the Indian renewable energy market. As the company continues to secure high-value contracts and foster strategic partnerships, it reinforces its status as a key player in the country's transition to clean energy.
Historical Stock Returns for Sterling & Wilson Renewable Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.07% | -1.88% | -8.08% | -34.58% | -54.33% | -17.29% |
















































