Sterling & Wilson eyeing 50 Gw of projects in renewable energy space

Sterling & Wilson Solar has 20 Gw of deal flow but is targeting to ramp it up to 50 Gw.

Shapoorji Pallonji group entity Sterling & Wilson Solar is looking at 50 Gw of projects in the renewable energy space for taking up EPC (equipment, procurement and construction) works.

In an interview to Business Standard, its global Chief Executive Officer Bikesh Ogra said the low tariffs in solar space did not pose any threat to the use of better technology by developers as costs have been reducing. 

Ogra said the restrictions on Chinese imports had not impacted projects much. “With all these restrictions in place, the recent bids have been able to create Rs 2 a unit tariff. There is no major