Sterling and Wilson Renewable Energy Limited (SWREL) has been awarded its second international project in South Africa this fiscal year. The turnkey EPC contract is for a 240 MW AC Solar PV project, valued at approximately USD 147 million (~INR 1,313 crore). With this new order, SWREL is now implementing four Solar PV projects in the South African market, reflecting its growing presence in the region.
South African Expansion
Sterling and Wilson Renewable Energy Limited (SWREL) has secured its second international project in South Africa this fiscal year. The announcement, dated November 27, 2025, highlights the company’s continued growth in the renewable energy sector.
Project Details
The company has been awarded a turnkey EPC contract for a 240 MW AC Solar PV project in South Africa. The total value of the contract is approximately USD 147 million (~INR 1,313 crore).
Growing Market Presence
SWREL is currently implementing four turnkey Solar PV projects with four developers in the South African market. The company highlights that the two ongoing projects secured last fiscal have already shown strong operational progress. Securing the new project bolsters SWREL’s presence in the region, capitalizing on the growth in the South African Solar PV market, driven by corporate demand and declining costs.
Order Inflows
With this new order, SWREL has achieved order inflows of approximately INR 5,088 crore this fiscal year. The company expects this momentum to continue.
Source: BSE