Sterling and Wilson Renewable Energy Ltd (SWRE) has announced the winning of a mega solar EPC contract from NTPC Renewable Energy Ltd (NTPC-REL), a wholly-owned subsidiary of NTPC.
The contract valued at Rs.2,212 crore relates to NTPC-REL’s upcoming 1,255 MW(ac) / 1,568 MW (dc) solar project at the Khavda Renewable Energy Park in the Rann of Kutch, Gujarat.
This is SWRE’s single largest domestic order till date.
SWRE emerged as the L-1 bidder in a competitive bidding against the tender invited by NTPC REL and was awarded the contract on October 1, 2022, SWRE said in a release.
The project scope of work includes design, engineering, supply, construction, erection, testing, and commissioning of the aforementioned solar power project, along with a 3-year O&M contract.
Commenting on the order, Amit Jain, Global CEO, Sterling and Wilson Renewable Energy Group said, “We are excited to win this prestigious order from NTPC REL which is our largest domestic order till date. This win demonstrates the trust and leadership of SWRE’s project management capabilities and global expertise. Our understanding of customer needs, and excellent execution track record coupled with world class technology and O&M proficiency is what differentiates us from other EPC players.”
According to Chandra Kishore Thakur, CEO – Asia, Africa, Latin America and Europe, “This order is paramount for India’s growing need for clean and sustainable energy in line with the government’s vision. As a homegrown company, this order win from NTPC REL reinforces our position as one of the leaders in the EPC space. Along with our exponential growth in the international market over the past decade, we continue to remain a dominant player in the domestic market as well”.
Also read: Sterling And Wilson Solar Solutions Signs MOU With Nigerian Government
Featured photograph for illustration only
