Waaree Renewable Technologies has been awarded engineering, procurement, and construction (EPC) works for a 300 MW AC (435 MW DC) ground-mounted solar power project.
Sterling and Wilson Renewable Energy Ltd (SWREL) has won a turnkey EPC contract for the development of a 225 MW (AC) grid-connected solar PV project in Gujarat by submitting the lowest bid.
Sugs Lloyd Ltd, a Delhi-based renewable EPC company, aims to raise INR 85.4 crore by going public. It will use INR 64 crore from the total proceeds to support working capital requirements for business expansion, while the remaining amount will be used for general corporate purposes.
Waaree Renewable Technologies has established a wholly owned subsidiary named Sunsational Power for power generation from non-conventional energy sources.
Waaree Renewable Technologies stated that the 131.6 MW DC solar project, valued at around INR 114.23 crore, is scheduled for completion in the financial year 2025-26.
Sterling and Wilson Renewable Energy has posted a revenue of INR 2,519 crore for Q4 FY2025, a 114% increase compared to the same period last year. For the full financial year, the company recorded a total revenue of INR 6,302 crore—a 108% year-on-year growth.
Waaree Renewable Technologies has reported a revenue of INR 1,597.75 crore for FY 2024-25, a growth of 82.3% compared to INR 876.50 crore in FY 2023-24.
Bridge And Roof Co. (India) has invited bids for selection of a sub-contractor to set up a 100 MW solar plant on a turnkey basis in Rajasthan.
The solar EPC solutions provider also plans to expand its footprint to international markets in renewable energy sector.
Bharat Heavy Electricals Ltd (BHEL) has issued a global tender to select EPC partners in a pre-bid tie-up for 1,200 MW (4x300MW) Khavda Solar PV plant in Gujarat. Bidding closes on March 20.
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