Page 4 - Sterling And Wilson

Sterling & Wilson signs pact to build solar battery storage plant in Niger

Engineering firm Sterling and Wilson Pvt Ltd (SWPL) on Thursday said it has signed a contract to construct a solar PV battery storage and diesel genset-based hybrid power plant in Niger in West Africa. The company has signed the contract with France-based engineering, procurement and construction (EPC) company Vergnet and SNS Niger of Niger. In a statement, SWPL said its "Hybrid and Energy Storage division (HES), in consortium partnership with French EPC company Vergnet and SNS Niger, has signed an EPC contract to construct a solar PV battery storage and diesel genset based hybrid power plant in Agadez, Niger, in West Africa". The consortium will also be responsible for a two-year operation and maintenance (O&M) service of the power plant. Battery-based energy storage enables generated electricity to be stored and delivered at any given time, providing stability to the grid, and enabling energy delivered on demand. It will also aid flexibility and agility to better integrate ...

Vote against Pallon Mistry reappointment: InGovern to S&W shareholders

InGovern has also recommended that shareholders vote against the adoption of the company's accounts

Sterling and Wilson Solar surges 20% on heavy volumes

According to analysts the proceeds received by SP group after exiting Tata group could be used to repay debt the former owes to Sterling and Wilson Solar

Despite Covid, Sterling & Wilson hopes to surpass FY20 order flow this year

The company, which is betting big on international markets, has so far won orders worth Rs 5,696 cr compared with Rs 828 cr during the same period last year

Shapoorji Pallonji group faces biggest challenge as fund flow dries up

Sterling & Wilson default is a cause of concern for lenders

Loan repayment: Sterling and Wilson gives promoters a year's relief

Shapoorji Pallonji, Daruvala express inability to pay instalments

Sterling and Wilson Solar June quarter net falls 62% to Rs 17.22 cr

Sterling and Wilson Solar Ltd said its consolidated net profit dipped 62 per cent on a year-on-year basis to Rs 17.22 crore in the June quarter mainly due to lower revenues

Sterling & Wilson up 6% on order wins worth Rs 1,600 crore in Australia

The company, along with its branch and Australian subsidiary, has bagged two large scale solar projects

Sterling and Wilson Solar bags orders worth Rs 1,600 cr in Australia

Engineering firm Sterling and Wilson Solar on Sunday announced that it has bagged orders worth AUD 300 million (Rs 1,600 crore) for two large solar projects in Australia. Sterling and Wilson Solar Ltd has signed (along with its branch and Australian subsidiary) orders worth AUD 300 million in Australia, a company statement said. According to the statement, the company has bagged two large scale solar projects in the country and they will have an installed capacity of over 300 MW. The new projects have been secured from global independent power producer (IPP), the work for which is expected to commence immediately. Sterling and Wilson Solar, one of the leading solar EPC and O&M engineering procurement and construction as well as operations and maintenance players in the world, already has three projects of over 800 MW under construction in the region. Bikesh Ogra, Director and Global CEO, Sterling and Wilson Solar said in the statement,We are delighted to have won two major solar .

Sterling and Wilson gains for eighth straight day; stock up 44% in 8 days

The company's order inflows for FY20 increased by 15 per cent y-o-y to Rs 9,048 crore

Sterling and Wilson Solar hits record low on weak earnings concern

In the past one month, the stock has tanked 51 per cent as compared to 5 per cent decline in the S&P BSE Sensex in the same period

Sterling & Wilson must give exit option to small shareholders: Ingovern

Sterling and Wilson Solar, which has the Shapoorji Pallonji Group as a co-promoter, was listed on the stock exchanges in August 20 last year

Sterling & Wilson up 5% on partial loan repayment by SP Group, pares later

In December 2019, the company said the unforeseeable and lesser-than-expected realisation from the IPO led to significant and rapid deterioration in the credit markets, resulting in a liquidity crisis

Sterling and Wilson tumbles 9%, hits fresh low since listing

The stock of the company, which is engaged in solar engineering, procurement and construction business, slipped below its previous low of Rs 260 touched on November 20, 2019.

Sterling & Wilson IPO garners only 92% subscription on the last day

In the IPO, promoters Shapoorji Pallonji Company and Khurshed Yazdi Daruval had put on the block shares worth Rs 2,083 crore and Rs 1,042 crore, respectively

Sterling and Wilson Solar IPO: Business model, diverse operations key

Shapoorji Pallonji & Company holds a 66% stake in SWS while the rest is held by Khurshed Yazdi Daruvala

Shapoorji Pallonji group's Sterling and Wilson files for Rs 4,500-crore IPO

Shapoorji Pallonji Company holds 65.77% stake in the company

Sterling and Wilson gets world's largest solar PV plant

Project will deliver a capacity of 1,177 Mwp, surpassing current largest 850 Mwp