shapoorji-pallonji

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Sterling and Wilson Swings to Q1 Profit on Strong Domestic EPC Demand

The engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, Sterling and Wilson Renewable Energy, posted a net profit of ₹50 million (~$600,...

July 19, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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Sterling and Wilson Posts Profit After 3 Years, Benefits from Falling Module Prices

The engineering, procurement, and construction (EPC) arm of Shapoorji Pallonji Group, Sterling and Wilson Renewable Energy, reported a net profit of ₹10 million (~$120,...

April 22, 2024

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Arshreet Singh

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Finance and M&A
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Shapoorji Pallonji to Offload 1.25% Stake in Sterling and Wilson

Shapoorji Pallonji has proposed to sell 2,370,787 equity shares having a face value of ₹1 (~$0.013) each, amounting to a 1.25% equity it holds in its solar engineering...

August 12, 2022

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Arjun Joshi

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Finance and M&A

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Solar
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Gujarat: Solar Projects Up to 400% of Contract Demand Allowed for Desalination Plants

The Gujarat Electricity Regulatory Commission (GERC), in a recent order, ruled that seawater desalination programs could set up solar projects with a maximum capacity of...

August 4, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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Uttar Pradesh Commission Approves ₹3.29/kWh Tariff for a 150 MW Floating Solar Project

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the tariff of ₹3.29 (~$0.044)/kWh based on a petition filed by the Solar Energy Corporation of...

August 3, 2021

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Rahul Nair

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Markets & Policy

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Solar
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Sterling and Wilson Solar Records ₹2.9 Billion Loss in FY2021

Shapoorji Pallonji Group Company’s end-to-end solar engineering, procurement, and construction (EPC) solutions provider Sterling and Wilson Solar declared its financial...

June 30, 2021

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Rahul Nair

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Markets & Policy

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Solar
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Investment Firm KKR to Acquire 317 MW of Solar Assets from Shapoorji Pallonji

Shapoorji Pallonji Infrastructure Capital (SP Infra), a part of the Shapoorji Pallonji Group and KKR, a global investment firm, have signed an agreement under which the...

April 27, 2020

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Anjana Parikh

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Finance and M&A

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Solar
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CERC Approves Tariff of ₹2.54/kWh to Procure 100 MW of Solar Power from SECI

The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.54 (~$0.035)/kWh as requested by Tata Power Delhi Distribution Limited (TPDDL) to...

March 4, 2020

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Rakesh Ranjan

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Markets & Policy

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Solar
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Global Solar EPC Company Sterling & Wilson Floats IPO Targeting to Raise ₹31.25 Billion

Sterling and Wilson Solar Limited (SWSL), the solar engineering and construction arm of the Shapoorji Pallonji Group, has floated its initial public offering (IPO)...

August 6, 2019

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Ramya Ranganath

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Finance and M&A

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Solar
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Solar EPC Company Sterling and Wilson Files for ₹45 Billion IPO

Sterling and Wilson Solar Limited, an engineering, procurement, and construction (EPC) company of Shapoorji Pallonji Group, has filed a draft red herring prospectus as...

April 17, 2019

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Nitin Kabeer

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Markets & Policy

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Solar
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Actis Acquires 194 MW of Solar Assets from Shapoorji Pallonji

Actis has acquired 194 MW of operating solar power assets from Shapoorji Pallonji Infrastructure Capital (SP Infra) through Sprng Energy, its renewable energy platform...

April 1, 2019

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Nitin Kabeer

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Finance and M&A

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Solar
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TEPSOL and Shapoorji Pallonji Infra to Develop 100 MW of Solar Projects in Karnataka

The Karnataka Renewable Energy Development Limited (KREDL) has awarded 100 MW of grid-connected solar projects to be developed across five talukas of the state. The...

January 15, 2019

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Saumy Prateek

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Solar

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Tenders & Auctions
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Lowest Tariff of ₹2.59/kWh Wins NTPC’s 2 GW Solar Auction

Lowest (L1) tariff of ₹2.59 (~$0.0372)/kWh was quoted in the auction held by the National Thermal Power Corporation (NTPC) to develop 2 GW of interstate transmission...

August 14, 2018

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Nitin Kabeer

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Solar

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Tenders & Auctions
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Madras High Court Asks Customs to Clear Solar Modules Without Paying Safeguard Duty

Following the Orissa High Court order to stay the notification on the safeguard duty, the Madras High Court has now instructed customs officials at the Chennai port to...

August 13, 2018

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Nitin Kabeer

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Markets & Policy

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Solar
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Azure Power and Shapoorji & Pallonji Win 250 MW of Solar Projects Tendered by MAHAGENCO

The Maharashtra State Power Generation Company (MAHAGENCO) has awarded solar photovoltaic (PV) projects totaling 250 MW under agricultural (AG) feeder program. The...

May 22, 2018

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Saumy Prateek

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Solar

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Tenders & Auctions

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