Sterling and Wilson Solar Ltd - 106.71 MW order win - Angel Broking

Mr. Amarjeet Maurya, AVP - Mid Caps, Angel Broking Ltd

"Sterling and Wilson Solar Limited, one of the leading solar EPC and O&M players in the world. Company has signed an order of 106.71 MW worth USD 62.6 million (~Rs462cr) in Chile. The order has been received from a global independent power producer (IPP), work for which is expected to begin in Q4 FY 2021. The company already has a strong presence in the region with one project of 93.3 MW in Argentina and three projects of 588 MW under construction in Chile. This is a positive development for the company which would support revenue growth for FY21."

Source : Equity Bulls

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