💡 Major order win worth ~INR 3,550 crore from Coal India and private IPP, significantly boosting FY26 order book.

What Happened

Sterling and Wilson Renewable Energy Limited (SWREL) has announced significant new domestic order wins totaling approximately INR 3,550 crore. The company has been declared the L1 bidder for a turn-key EPC package of 875 MW AC in Bikaner, Rajasthan from Coal India, valued at ~INR 3,490 crore. Additionally, it received a new order for a 50 MW AC project in Maharashtra from a leading private IPP.

Key Details

Why It Matters

This announcement is a major positive development for Sterling and Wilson Renewable Energy, as it significantly strengthens the company's order book. The total EPC order inflows for FY26 have now exceeded INR 10,062 crore, surpassing the company's initial targets. Securing a large project from a major public sector entity like Coal India also marks a strategic milestone and reinforces the company's position as a leading player in India's renewable energy EPC sector. Such substantial order wins typically translate into future revenue visibility and growth potential.

Disclaimer: This is publicly available information sourced from NSE. Not investment advice.

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