Sterling and Wilson Renewable Energy (SWRE) 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 01.10.2022 with total value of INR 2,212 crore or $268.85 million (including taxes & duties and including O&M for 3 years).
The project scope of work includes design, engineering, supply, construction, erection, testing, and commissioning along with a 3-year operation & maintenance contract.
“This win demonstrates the trust and leadership of SWRE’s project management capabilities and global expertise. Our understanding of customer needs, and excellent execution track record coupled with world class technology and O&M proficiency is what differentiates us from other EPC players,” said Amit Jain – Global CEO, Sterling and Wilson Renewable Energy Group.