SWREL and Adani Green Sign ₹1,381 Cr Solar BOS Deal in Khavda

Sterling and Wilson Renewable Energy has entered into a five-year partnership worth Rs 1,381 crore with Adani Green Energy for Balance of System packages for three solar projects in Gujarat’s Khavda Renewable Energy Park, elevating SWREL’s order inflows past Rs 6,450 crore for this fiscal year.

Sterling and Wilson Renewable Energy (SWREL) has entered into a five-year Strategic Partnership Framework Agreement with Adani Green Energy valued at Rs 1,381 crore. The contract features SWREL’s initial purchase order within the partnership, signifying one of the firm’s most significant domestic EPC achievements this fiscal year.

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The order includes a Balance of System (BOS) package for three solar energy projects at the Khavda Renewable Energy Park located in Gujarat. The package comprises delivery of products and on-location services.

The contract involves SWREL’s initial purchase order under the collaboration, signifying one of the firm’s biggest domestic EPC successes this fiscal year.

Following the recent victory, SWREL's total order inflows for the ongoing fiscal year have surpassed Rs 6,450 crore, Thakur mentioned, highlighting that the company’s pipeline is still strong.

SWREL is currently implementing nearly 6 GW of projects in the Khavda area, with about 5 GW expected to finish in this fiscal year. The updated agreement contributes an additional 1 GW of capacity to its current portfolio.