Sterling & Wilson eyes 250 MW solar projects in Nigeria

To expand its presence in the African market, Engineering Procurement Company (EPC) Sterling & Wilson is aiming to develop nearly 250 MW projects in the next 2-3 years.
"Sterling & Wilson is largely present in the African market apart from Middle East, South East Asia and Latin America. The company now expects to further expand its footprint and construct nearly 250 MW capacity solar power projects in Nigeria in next 2-3 years," company's president, solar business, Bikesh Ogra said today.
The company is eyeing projects, which are being developed by international solar project developers, who have recently signed Power Purchase Agreements (PPAs) with Nigerian Bulk Electricity Trading under the feed-in-tariff program by power ministry of Nigeria.

"With the recently announced PPAs of 975 MW, we see a huge solar potential opening up in Nigeria. We are well positioned to support growth in solar market in Nigeria through our presence and experience, as more investors are focusing on reliable, bankable Solar EPC Company, who can commission projects on time," he said.
Ogra said that with its experience of commissioning more than 1,000 MW, the company is currently involved in advanced negotiations with these developers to offers its turn-key EPC solutions for proposed projects in Nigeria.
Sterling & Wilson has already commissioned more than 40 MW of gas-based power plant and has been a regular supplier of diesel generators to many local companies in Nigeria.

It has also developed local capabilities to undertake solar projects of cumulative capacity of more than 250 MW, the company said.
The company already has projects of 260 MW in Egypt, 175 MW in Morocco, 87 MW in South Africa and 7 MW in Nigeria in the pipeline. Its largest Solar PV Plant of 90 MW in size, is operational in South Africa.