Sterling and Wilson Renewable Energy wins order worth Rs 2212 crore

12 Oct 2022 , 07:50 PM

Sterling and Wilson Renewable Energy (SWRE) announced that it has won an order from NTPC Renewable Energy (NTPC REL) for its proposed 1,255 MWac / 1,568 MWdc solar PV project at Khavda RE Power Park, Rann of Kutch, Gujarat. SWRE has emerged as the L-1 (lowest) bidder in a competitive bidding against the tender invited by NTPC REL and has been awarded the Contract on 01 October 2022 with total value of Rs 2,212 crore (including taxes & duties and including O&M for 3 years). Contract Agreement for the project has been signed between NTPC REL and SWRE. The project scope of work includes design, engineering, supply, construction, erection, testing, and commissioning along with a 3-year operation & maintenance contract. Powered by Capital Market – Live News