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Sterling and Wilson Renewable Energy wins order worth Rs 2212 crore

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Capital Market
Last Updated : Oct 12 2022 | 8:04 PM IST
Sterling and Wilson Renewable Energy (SWRE) announced that it has won an order from NTPC Renewable Energy (NTPC REL) for its proposed 1,255 MWac / 1,568 MWdc solar PV project at Khavda RE Power Park, Rann of Kutch, Gujarat.

SWRE has emerged as the L-1 (lowest) bidder in a competitive bidding against the tender invited by NTPC REL and has been awarded the Contract on 01 October 2022 with total value of Rs 2,212 crore (including taxes & duties and including O&M for 3 years). Contract Agreement for the project has been signed between NTPC REL and SWRE.

The project scope of work includes design, engineering, supply, construction, erection, testing, and commissioning along with a 3-year operation & maintenance contract.

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First Published: Oct 12 2022 | 7:50 PM IST

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