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SWREL Secures LoAs from Private IPPs

Sterling and Wilson Renewable Energy (SWREL) has secured two domestic letters of award (LoAs) from private independent power producers (IPPs).

The total order value for the three projects stands at Rs 1,470 crore, inclusive of taxes and operations & maintenance.

The first award is for a wind EPC hybrid project in Rajasthan, which includes engineering, procurement, and construction of a 69.3 MW Wind Balance of Plant and a 58 MW AC/75 MWp DC Solar Balance of System, along with a 132 kV/33 kV pooling substation.

Additionally, the company has been declared L1 for a turnkey 200 MW AC/260 MWp DC PV plant in Gujarat from a leading PSU developer. It has also received an award for a PV plant in Rajasthan from a domestic IPP.

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