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Sterling and Wilson Renewable Energy has been awarded a Rs 1,200 crore engineering, procurement, and construction (EPC) contract for a 500-megawatt (MW) solar photovoltaic (PV) project in Gujarat, marking a significant expansion in its renewable energy portfolio in India.
The contract, as outlined in a company press release, includes the design, engineering, and installation of the balance-of-system (BoS) components, with a single-point responsibility for the entire project. Additionally, the contract covers operations and maintenance (O&M) services for three years.
“We are proud to receive this prestigious order, which will support India, and especially Gujarat’s, transition towards clean energy,” said Amit Jain, Global CEO of Sterling and Wilson Renewable Energy Group.
Jain further emphasized India’s focus on sustainable energy solutions as essential for tackling climate challenges, enhancing energy security, and fostering economic growth.
With India aiming to achieve 500 GW of non-fossil fuel energy capacity by 2030, Sterling and Wilson is well-positioned to contribute to the country’s ambitious renewable energy goals.
Jain highlighted India’s role as one of the world’s largest energy markets, underscoring the need for sustainable energy to create jobs, improve energy security, and stimulate economic growth.
Sterling and Wilson Renewable Energy operates in 28 countries and has a solar project portfolio exceeding 20.7 gigawatt-peak (GWp), including projects at various stages of construction. Its O&M portfolio covers 7.8 GWp, including third-party projects.
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