Sterling and Wilson wins 240 MW solar EPC deal in South Africa

Sterling and Wilson Renewable Energy Limited has secured a turnkey EPC contract for a 240 MW AC solar PV project in South Africa. The deal is valued at about INR 1,313 crore or USD 147 million.

This is the company’s second major award in South Africa this fiscal year. With this contract, the company is now handling four solar PV projects in the country. Each project involves a different developer. The two projects awarded in the previous fiscal year have progressed at a steady pace, which the company says has strengthened its market position.

The new award lifts total EPC order inflows for the fiscal year to more than INR 5,088 crore. Company leadership described South Africa as an important overseas market supported by corporate demand for reliable power, lower technology costs, and efforts to improve grid stability.

Sterling and Wilson Renewable Energy Limited provides end to end renewable EPC services. The company reports a project portfolio of more than 22.8 GWp across commissioned and ongoing projects. Its operations and maintenance portfolio stands at 9.3 GWp.