Reliance New Energy Solar Limited, a wholly owned subsidiary of Reliance Industries Limited, announced it has agreed to acquire 40 per cent stake in Sterling & Wilson Solar Limited. According to the company’s exchange filing, “Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of the Company, today executed definitive agreements with Shapoorji Pallonji and…
Tag: Shapoorji Pallonji Group
Adani Green Energy acquires solar projects from Sterling & Wilson at Rs 446 cr
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•Adani Green Energy Limited (AGEL), one of the largest renewables companies in India, announced that it has signed a share purchase agreement for the acquisition of 100% stake in two SPVs holding 74.94 MW operating solar projects of Sterling & Wilson, a Shapoorji Pallonji group company. The projects, commissioned in 2017, are located in Medak…
Shapoorji Pallonji’s solar EPC arm Sterling and Wilson Solar strengthens global presence with new office in Spain
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•Sterling and Wilson Solar Limited, the solar engineering, procurement and construction (EPC) arm of Shapoorji Pallonji Group, announced the opening of its new office in Spain, following its international expansion strategy. The office, located in Seville, will be the Company’s headquarters for its European operations serving and tapping markets like Portugal, Spain, Italy, Poland, among…
Mumbai-based Sterling and Wilson Solar’ US subsidiary bags Rs747 cr solar project
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•Sterling and Wilson Solar Solutions, Inc, the US subsidiary of Sterling and Wilson Solar Limited (SWSL), one of the world’s largest solar EPC solutions providers, announced that it has been awarded a Rs 747 crore contract to construct a 194 MW project in the United States of America. It is being developed by a leading…