SWSOLAR secures two project worth Rs 985 cr in Rajasthan and South Africa
A energy transition development with market-wide reach.
· Business Standard Mkts
Sterling & Wilson Renewable Energy has secured one order in Rajasthan totaling to 534.3 MWp from a leading IPP in India. The company has also secured one order for two BESS projects totaling 616 MWh energy storage capacity in South Africa from a leading Middle East based renewable energy projects developer. The total value of both the orders, including taxes, amounts to more than Rs 985 crore.
The analysis
The shift to renewables is redrawing which energy names are structural winners versus stranded.
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