Sterling and Wilson Renewable Energy Limited has informed the Exchange regarding a press release dated August 13, 2025, titled "Press Release- SWREL Announces New Domestic Order Emerged L1 for a turn-key EPC package of 245 MW AC in Gujarat from a PSU developer".
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Sterling and Wilson Renewable Energy Limited (SWREL) has emerged as the L1 (lowest) bidder for a 245 MW AC grid-connected solar PV turn-key EPC project in Gujarat from a reputed PSU developer. The company stated that its gross order inflows, including this L1, have now exceeded INR 2,000 crore for the year. SWREL is a leading renewable EPC company with a total portfolio of over 22.8 GWp and an O&M portfolio of 9.3 GWp, operating in 28 countries. Management described the domestic renewable market as buoyant, with ordering activity gathering pace.
Positive for shareholders — the new L1 order strengthens SWREL's domestic order book and reaffirms its position as a trusted renewable EPC partner, potentially supporting revenue visibility over the next 1-2 years.