SWREL Secures Rs 14.70 Billion Orders, Enters Wind EPC Segment

01 Apr 2025 CW Team

Sterling and Wilson Renewable Energy (SWREL) has secured three major domestic renewable EPC contracts, with a cumulative order value of approximately Rs 14.70 billion.

Key projects include its first Wind EPC contract for a hybrid project in Rajasthan, featuring a 69.3 MW Wind Balance of Plant and a 58 MW AC / 75 MWp DC Solar BoS. The company has also been declared L1 for a 200 MW AC / 260 MWp DC solar project in Gujarat from a PSU developer and received another solar project in Rajasthan from a private IPP.

Speaking on the order wins, Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Limited shared, 鈥淲e are very excited to bag three prestigious domestic projects including our foray into Wind EPC through a Hybrid project win which opens up a new exciting segment for us. We have already established a market leading presence in India in Solar and BESS, and our entry into Wind helps us provide holistic EPC solution for Hybrid projects. We continue to position ourselves as per our customer requirements, and market trajectory and these project wins are a reflection of the same.鈥�

Technology

14 May 2025

HCL-Foxconn to invest Rs 37 billion in chip plant near Jewar airport

The Union Cabinet has approved the establishment of a new semiconductor unit near Jewar airport in Uttar Pradesh under the India Semiconductor Mission. This sixth plant, a joint venture between HCL and Foxconn, marks further progress in India鈥檚 semiconductor journey. The project will see an investment of Rs 37 billion.The facility will produce display driver chips for mobile phones, laptops, automobiles, PCs, and other digital devices. It is designed for a monthly capacity of 20,000 wafers and an output of 36 million units.Five semiconductor units are already in advanced stages of constructi..

Real Estate

14 May 2025

Brigade acquires Velachery land for Rs 16-billion project

Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase for Rs 4.417 billion. Located next to Phoenix Market City, the site will be developed into a premium residential project with a gross development value of approximately Rs 16 billion and a development potential of 0.8 million square feet.The project offers strategic access to both the OMR IT Corridor and Chennai鈥檚 Central Business District, promising strong connectivity and premium lifestyle offerings. Brigade plans to create signature residences focused on aesthetics, functional..

Equipment

14 May 2025

Liebherr marks 10,000th XPower wheel loader milestone

Liebherr-Werk Bischofshofen has rolled out its 10,000th XPower wheel loader, marking a major production milestone. The anniversary L 580 XPower model, featuring a power-split travel drive developed with ZF Friedrichshafen AG, was handed over to the BERGER Group in Passau.鈥淭he transmission from our partner ZF is a key component of the drivetrain in our XPower wheel loaders,鈥� said Gerhard Pirnbacher, Head of Quality Management at Liebherr. 鈥淲ith an impressive total of around 64 million operating hours already clocked up by XPower models, this transmission has proven its exceptional robustn..