Sterling and Wilson Renewable Energy (SWREL) has secured a ₹13.81 billion (~$154.5 million) engineering, procurement, and construction (EPC) order from Adani Green Energy for solar projects in the Khavda region, Gujarat.

The company has also signed a five-year strategic partnership framework agreement with Adani Green.

The order is for a Balance of System (BoS) package for three solar projects at the Khavda Renewable Energy Park in Gujarat. The order includes the supply of goods and on-site services. According to the company, this is its largest domestic EPC order in the current fiscal year.

SWREL is executing about 6 GW of solar capacity in the Khavda region, of which around 5 GW is scheduled to be completed within this fiscal year. With the latest 1 GW order, SWREL’s cumulative order inflows in the current fiscal have crossed ₹64.50 billion (~$721.5 million).

Recently, SWREL announced it has won a turnkey EPC contract for a 240 MW solar project in South Africa, valued at about ₹13.13 billion (~$148.08 million). This contract is the company’s second international project win from South Africa in the current fiscal year, increasing its international implementation portfolio in the region to four solar projects with four developers.

The company has a total execution portfolio exceeding 22.8 GW globally, including commissioned and under-construction projects. It also has an operations and maintenance portfolio of around 9.3 GW, covering both its own EPC projects and third-party assets.

SWREL has secured a letter of intent for a battery energy storage system comprising two 250 MW blocks at a single location in Rajasthan.   It is also developing a 69.3 MW wind project combined with 75 MW of solar in Rajasthan.

The company’s revenue jumped 69.8% year-over-year to ₹17.49 billion (~$198.9 million) in the second quarter of the financial year 2026, from ₹10.3 billion (~$117.15 million), on the back of increased domestic and international EPC project execution.