Sterling and Wilson Renewable Energy wins ₹1,313 crore order
pre-market1 source ↓written by the desknot a recommendation
- to ₹238
- 5%
- turnkey EPC contract
- ₹1,313 crore
Shares of Sterling and Wilson Renewable Energy rose 5% to ₹238 after securing a ₹1,313 crore turnkey EPC contract for a 240 MW AC Solar PV project in South Africa. This marks the company’s second international project this fiscal year, enhancing its presence in a rapidly growing market driven by energy security demands.
The new order adds to the company’s portfolio of four ongoing projects in South Africa, indicating strong operational progress and market foothold. 🌍
Not investment advice. For informational purposes only.