Aarti Drugs Ltd, Bliss GVS Pharma Ltd, Just Dial Ltd and Alkyl Amines Chemicals Ltd are among the other losers in the BSE’s ‘A’ group today, 17 May 2021. Sterling & Wilson Solar Ltd tumbled 10.32% to Rs 242 at 14:49 IST.The stock was the biggest loser in the BSE’s ‘A’ group.On the BSE, 3.09 […]
India’s Sterling & Wilson to proceed with Egypt solar project
ACWA Power secures US$114 million financing package for 200MW Kom Ombo facility. Saudi power developer ACWA Power has secured a US$114 million financing package for the construction of the largest private solar power plant in Egypt. The 200MW Kom Ombo plant will be located less than 20 kilometres from Africa’s biggest solar park, the 1,800MW […]
Amplus Solar buys rooftop solar assets of Sterling & Wilson totaling 7.2 Mw
Amplus Solar, a member of the Petronas group of Malaysia, has acquired 17 solar rooftop assets of Sterling & Wilson totaling 7.2 megawatt (MW). Amplus Solar already has 800 MW+ projects in the distributed solar segment and this deal will increase their portfolio in several states including Haryana, Punjab, Madhya Pradesh, Rajasthan, Maharashtra, Telangana and […]
Amplus Solar buys rooftop solar assets of Sterling & Wilson totaling 7.2 Mw
Deal value not revealed; The 17 acquired projects supply 13 leading industrial, commercial, and institutional customers Amplus Solar, a member of the Petronas group of Malaysia, has acquired 17 solar rooftop assets of Sterling & Wilson totaling 7.2 megawatt (MW). Amplus Solar already has 800 MW+ projects in the distributed solar segment and this deal […]
Sterling & Wilson Solar promoter Daduvala offloads 5% stake worth ₹200 crore
Khurshed Yazdi Daruvala sold 8 million equity shares or 4.99% of the total paid-up equity in solar solutions company at an average price ₹250.6 per share, according to the data Mumbai : Promoter Khurshed Yazdi Daruvala has sold 4.99% equity stake in Sterling and Wilson Solar on Wednesday, the solar EPC and O&M solutions provider, […]
Sterling & Wilson shares fall 10% after Supreme Court’s verdict against SP Group in the Cyrus Mistry vs Tata case
Shares of Sterling and Wilson Solar, a Shapoorji Pallonji Group (SP Group) company, plunged over 10 per cent after the Supreme Court dismissed appeals of the group and set aside the judgement which had ordered the reinstatement of Cyrus Mistry as Chairman of Tata Sons. Around 2.30 p.m., shares of Sterling and Wilson Solar Ltd […]
Relief for Sterling & Wilson Solar; promoters likely to sell assets to repay loan
Sterling & Wilson Solar could soon see inter-corporate loan that it extended to its promoter being repaid. Sources tell CNBC-TV18 that the promoters of Sterling & Wilson Solar are in advance talks to sell certain solar assets which fall under a Sterling & Wilson Pvt Ltd held by the two promoters. Shapoorji Pallonji and Khurshed […]
Sterling & Wilson Solar promoters delay repayments owed to company citing covid
The repayment is part of dues worth Rs2,644 crore that the promoters owe to SWSL. The loan was to be repaid within 90 days of Sterling and Wilson Solar’s IPO, which ended mid-November 2019 Solar EPC company Sterling & Wilson Solar Ltd (SWSL) on Wednesday informed stock exchanges that Rs500 crore payment due from its […]
Energy storage projects will increase in India for peaking power tariff tenders: Deepak Thakur, CEO – HES at Sterling and Wilson
He added that the firm will expand its portfolio in integrating storage solutions and is positive that the hybrid market will grow with higher renewable energy penetration into the grid The hybrid and energy storage (HES) division, part of the solar power generation company Sterling & Wilson, was launched in 2018. Deepak Thakur, chief executive […]
Sterling & Wilson Solar’s CP ratings withdrawn by India Ratings
Sterling & Wilson Solar announced that at the company’s request, India Ratings & Research has withdrawn the ratings assigned on the Rs. 300 crore Commercial Paper (CP) programme of the Company on 09 April 2020. The Company has fully repaid the CPs issued under the programme and there is no outstanding CP as on date. […]