Hot Pursuit     21-Sep-21
Sterling and Wilson Solar commissions 66 MWp Al Husainiyah solar power plant in Jordan
The solar engineering, procurement and construction (EPC) and operations and maintenance (O&M) solutions provider announced that it has commissioned the 66 MWp (mega-watt peak) Al Husainiyah solar power plant in Jordan.

The project is located on an area of 1.3 sq. km in Ma'an Governorate, 200 km south of Amman, the capital of Jordan.

"The Al Husainiyah project will save around 50,000 tonnes of carbon emissions annually, thus reducing the dependency on fossil fuels and unlocking large scale solar opportunities for the country," the company's press statement added.

Sterling and Wilson Solar (SWSL)'s consolidated net loss stood at Rs 76.02 crore in Q1 FY22 as compared to a net profit of Rs 17.22 crore in Q1 FY21. Net sales jumped 11.9% to Rs 1,194.63 crore in Q1 FY22 from Rs 1,067.90 crore in Q1 FY21.

Shares of Sterling and Wilson Solar (SWSL) rose 0.10% to Rs 357 on BSE. SWSL, a Shapoorji Pallonji group company, is a global pure-play, end-to-end solar engineering, procurement and construction (EPC) solutions provider. The company provides EPC services primarily for utility scale solar power projects with a focus on project design and engineering and manages all aspects of project execution from conceptualizing to commissioning. It also provides operations and maintenance (O&M) services, including for projects constructed by third parties.

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