Rs 10,062 Crore Order Inflows in FY26; Solar EPC Company Secures Rs 3,550 Crore Orders from Domestic Entities; Share Price Jumps Up to 10%

On Monday, Indian markets traded on a weak note, with the Nifty 50 declining 0.08 per cent to 24,333.20, down 20.35 points from the previous close of 24,353.55. Amid this weakness, the Sterling and Wilson Renewable Energy (SWSolar) share price was trading at Rs 213.12, up 9.87 per cent from the previous close of Rs 193. Trading activity remained elevated, with volumes at 91.9 lakh shares, compared to its 20-day average of 23.3 lakh shares, indicating increased market participation.

The stock movement follows the company’s announcement of new order inflows.

SWSOLAR Secures New Orders Worth Rs 3,550 Crore

Sterling and Wilson Renewable Energy has secured new domestic orders worth approximately Rs 3,550 crore. The company has been declared an L1 bidder for an 875 MW AC solar EPC project in Bikaner, Rajasthan, from Coal India, with a contract value of around Rs 3,490 crore, including O&M and Taxes. Additionally, the company received an order for a 50 MW AC project in Maharashtra from a private IPP.

With these developments, the company’s total EPC order inflows for FY26 have exceeded Rs 10,062 crore.

Sterling and Wilson Renewable Energy Management Commentary

Commenting on the development, Mr Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group, said: “We are delighted to announce our first project from Coal India, and to partner in their renewable energy growth story. We are excited to close an eventful FY26 on a strong note and achieve more than INR 10,000 crore in EPC order inflows, which is significantly higher than our initial target set for the year. India continues to remain on a strong growth trajectory in renewable development and as one of India’s leading solar EPC companies we continue to look forward to sustaining the growth momentum.”

About Sterling and Wilson Renewable Energy

Sterling and Wilson Renewable Energy LTD (SWREL) is a global pure-play renewable EPC solutions provider, offering services across utility-scale solar, floating solar, hybrid energy systems, and wind solutions.

The company has a total portfolio of over 26.1 GWp and manages an O&M portfolio of 10.1 GWp, with operations across 28 countries.

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Disclaimer: This article is for informational purposes only and not investment advice.