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The Economic Times

Business

Surbhi Khanna

Sterling and Wilson Renewable Energy shares rally 8% after securing Rs 985 crore domestic and global orders

Sterling Renewable Energy Rajasthan South Africa Surbhi Khanna SEBI

Shares of Sterling and Wilson Renewable Energy rallied nearly 8% on Tuesday to a day’s high of Rs 186.66 on the NSE after the company secured domestic and international orders totaling over Rs 985 crore.

According to an exchange filing, the company announced that it has secured one order in Rajasthan totaling 534.3 MWp from a leading IPP in India and another order for two BESS projects totaling 616 MWh energy storage capacity in South Africa from a leading Middle East-based renewable energy projects developer.

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