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SWERL reports Rs 0.17 billion net profit in Q3 FY25

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Sterling and Wilson Renewable Energy Limited (SWERL) posted a net profit of Rs 0.17 billion for the quarter ending December 2024, recovering from a net loss of Rs 0.62 billion in the same quarter last year. The company’s total income surged by 202.13% to Rs 18.43 billion during the quarter, compared to Rs 6.10 billion in the corresponding period of 2023.

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Sterling and Wilson secures Rs 5.04 billion solar project in Rajasthan

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Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan.  The project, awarded by an independent power producer, involves the supply, installation, and commissioning of a 305 MW AC / 396 MWp DC PV system.