Sterling and Wilson Renewable Energy Secures Major BOS Order from Adani Green Energy

Sterling and Wilson Renewable Energy Limited (SWREL), one of India’s leading renewable EPC players, has entered a significant 5-year Strategic Partnership Framework Agreement with Adani Green Energy Limited. 

This long-term association strengthens SWREL’s role in India’s accelerating clean energy expansion, particularly within large-scale solar developments. The first purchase order under this framework marks a substantial milestone for the company.

Details of the New BOS Order

Under this agreement, SWREL has received a major Balance of System (BOS) order valued at ~₹1,381 crore, excluding taxes. 

The scope of the project includes the supply of goods and onsite services for three large solar power projects located within the Khavda Renewable Energy Park in Gujarat, one of the world’s largest renewable clusters. The awarded 1 GW project aligns with Adani Green’s rapid capacity expansion and reinforces SWREL’s engineering and execution capabilities.

Expansion and Regional Leadership

SWREL is currently executing around 6 GW of solar projects in the Khavda region, with nearly 5 GW expected to be completed within this fiscal year. The addition of this new 1 GW assignment further cements the company’s strong presence in the Gujarat renewable hub and enhances its long-term growth prospects.

Speaking about this development, Mr. Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group said, “We are delighted to announce a strategic 5-year partnership framework agreement with Adani Green, and also our largest domestic EPC orderthis fiscal. This partnership between India’s largest RE developer, and one of India’s biggest solar EPC players further strengthens our EPC leadership in the fast growing Indian Solar market.” 

He further added, “This order is a testament to the trust our clients place in our engineering excellence, execution capabilities, and ability to deliver large GW projects with a fast turnaround. With this order win, SWREL has now achieved more than INR 6,450 crore of order inflows this fiscal, and our pipeline continues to remain robust.”

Sterling and Wilson Renewable Energy Share Price Performance

On December 1, 2025, Sterling and Wilson Renewable Energy share price (NSE: SWSOLAR) opened at ₹233.00, up from its previous close of ₹225.96. At 11:45 AM, the share price of Sterling and Wilson Renewable Energy was trading at ₹228.42, up by 1.02% on the NSE.

Also Read: TotalEnergies May Sell 6% Stake in Adani Green Energy?

Conclusion

The partnership and the new BOS order position SWREL for sustained growth, strengthening its leadership in India’s large-scale solar EPC landscape while contributing to the country’s clean energy ambitions. 

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