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SWSL SIGNS EPC CONTRACT IN AUSTRALIA

Sterling and Wilson Solar Ltd.signs its largest order in Australia with a value of ~AU$525- million. Companyalso signed two projects in India with leading global

IPPs adding up to a value of`620-crores

 

Sterling and Wilson Solar Limited(SWSL) has signed (along with its branch and Australian subsidiary) an EPCcontract of approximately AU$525-million (~`2,600-crore) as well as theOperation and Maintenance (O&M) contract of approximately AU$85-million(~`415-crore), which is its largest order in Australia. The duration of theO&M contract is for a maximum period of 20 years.

With this order, the Company’scumulative order book in Australia adds up to approximately AU$1.0-billion(~`4,900-crore), making it amongst the largest Solar EPCs in the market. SaysBikesh Ogra, Director and Global CEO, Sterling and Wilson Solar Limited, “Thisis our largest order in Australia and is a culmination of efforts to break new groundin countries like Australia, the United States and South America. Along withour exponential growth in the international

market over the past decade, we continueto remain a dominant player in the domestic market as well.”

SWSL has also signed two projectsin India with leading global IPPs adding up to a value of `620-crores. Thiscomes despite the lockdown due to the on-going pandemic.


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