A worldwide unadulterated play, start to finish sunlight based EPC arrangements supplier, Sterling and Wilson Solar Limited declared on Thursday that it had stowed a request worth USD 62.6 million (approx. Rs 462 crore) in Chile of 106.71 megawatts (MW). Responding to the news, on Friday, the offer flooded more than 6 per cent on Bombay Stock Exchange.
The organization got this request through a worldwide independent power producer (IPP). Its work is scheduled to start in the final quarter of the monetary year 2021.
This is the organization’s fifth undertaking in Latin America with a combined request book of around USD 488 million (approx. Rs 3,558 crore), making it one of the main players in the locale. It is one of the main suns powered EPC and O&M major players on the planet, having a solid presence in the district with one venture of 93.3 MW in Argentina and three tasks of 588 MW under-development in Chile.
The worldwide rivalry to vitality progress empowers the rising interest of unfamiliar organizations in the Chilean sustainable power source market along these lines, making it one of the key centre districts for the organization.
At 11.10 am on Friday, the stock was exchanging 1.52 per cent down at Rs 220.35 on BSE as against S&P BSE SENSEX, which was exchanging 0.08 per cent higher than its past close.
Sterling & Wilson Solar is now the leading solar EPC solutions provider in the world, with a presence across 25 countries.