Sterling & Wilson Renewable Energy Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

Sterling & Wilson Renewable Energy will hold a meeting of the Board of Directors of the Company on 15 January 2026.

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Sterling and Wilson Renewable Energy announced that the company has signed a 5-year Strategic Partnership Framework Agreement, and received its first PO from Adani Green Energy.

This prestigious order is for a Balance of System (BOS) package for three Solar Power Projects at one of the World's largest RE projects at Khavda Renewable Energy Park, Gujarat. This order involves supply of goods and onsite services with total order valued at approximately Rs 1,381 crore excluding taxes.

SWREL is currently executing ~6 GW in the Khavda region with ~5 GW scheduled to be completed in this fiscal. With this project of 1 GW, SWREL continues to maintain a dominant position in the Gujarat region.

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With this latest win, SWREL is currently executing four turnkey Solar PV projects in South Africa with reputed developers. The two projects awarded last fiscal have shown strong operational progress, establishing the company?s presence in the market, while the two new projects secured in the past two months further strengthen its position in the region. The Solar PV market in South Africa continues to expand, driven by corporate demand for energy security, declining costs, and grid stability.

Commenting on the development, Chandra Kishore Thakur, Global CEO of SWREL, said, ?We are very excited to announce our second international order from South Africa this fiscal within a span of two months. South Africa remains a key international market for us, where we are currently implementing four PV projects with reputed customers, reflecting our strong value proposition. With this order, SWREL has achieved Rs 5,088 crore of order inflows this fiscal, and the ordering momentum continues to remain robust.?

Sterling and Wilson Renewable Energy (SWREL) is a global pure-play, end-to-end renewable engineering, procurement, and construction (EPC) solutions provider. The company provides EPC services for utility-scale solar, floating solar, hybrid & energy storage and wind solutions and has a total portfolio of over 24.4 GWp (including projects commissioned and under various stages of construction). SWREL also manages an operation and maintenance (O&M) portfolio of 9.1 GWp solar power projects, including for projects constructed by third parties.

The company reported a consolidated net profit of Rs 106.90 crore in Q2 FY26, steeply higher than Rs 7.05 crore posted in Q2 FY25. Revenue from operations jumped 69.7% to Rs 1,748.60 crore in Q2 FY26 over Q2 FY25.

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Sterling & Wilson Renewable Energy (SWREL) announced that it has won its second international project from South Africa this fiscal.

The company has been awarded a turnkey EPC contract for a 240 MW AC Solar PV project in South Africa. The total value of the contract is approximately USD 147 million ( Rs 1,313 crore).

With this new order, SWREL is currently implementing four turnkey Solar PV projects with four reputed developers in the South African market. The two ongoing projects bagged last fiscal have made strong operational progress and helped establish our presence in the market, while the two new projects bagged in the last two months significantly bolster our presence in the region. The Solar PV market in South Africa is witnessing strong growth due to corporate demand for energy security, declining costs, and grid stability.

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