Sterling and Wilson Renewable Energy Bags INR 1,313 Crore Solar EPC Contract in South Africa
Sterling and Wilson Renewable Energy has clinched a USD 147 million (INR 1,313 crore) turnkey EPC contract for a 240 MW AC solar PV project in South Africa. With this, the company’s order inflow in this fiscal increases to INR 5,088 crore.
November 27, 2025. By Mrinmoy Dey
With this new order, SWREL is currently implementing four turnkey solar PV projects with four reputed developers in the South African market, the company said in a statement.
It further added that the two ongoing projects bagged last fiscal have made strong operational progress, while the two new projects bagged in the last two months significantly bolster the company’s 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.
Speaking on the order win, Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy, shared, “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 four reputed customers reflecting our strong value proposition and positioning in this market. With this order win, SWREL has now achieved about INR 5,088 crore of order inflows this fiscal, and ordering momentum continues to remain robust.”
SWREL has a total portfolio of over 22.8 GWp, including projects commissioned and under various stages of construction. It also manages an operation and maintenance (O&M) portfolio of 9.3 GWp solar power projects, including for projects constructed by third parties.
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