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Sterling & Wilson wins $1.5-billion solar plants order from Nigerian govt

Business Standard LogoBusiness Standard6d ago

Sterling & Wilson wins $1.5-billion solar plants order from Nigerian govt - Business Standard

Quick Summary:

The order involves development, design, construction and commissioning of solar PV power plants aggregating 961 mw at five locations along with battery energy storage systems with total installed capacity of 455 mw, the company said, adding these projects will be owned and operated by Niger Delta Power Holding Company, a Nigerian government entity.

Sterling & Wilson Renewable Energy has bagged a reported USD 1.5-billion order from the government of Nigeria, along with its consortium partner Sun Africa, for setting up solar PV power plants.

The order will be executed through Sterling & Wilson's US step down subsidiary Sterling & Wilson Solar Solutions Inc, the Reliance Industries-controlled company said in a statement on Friday without disclosing the order value.


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Article Details

Author / Journalist: Press Trust of India

Category: EconomyFinance

Topics: Portfolio Order Standard Energy Africa Wilson Sterling Projects Solar Business Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 23:48:00

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Reading Time: 3 minutes read

Article Length: 462 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 498377

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About Business Standard

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Main Topics: EconomyFinance

Official Website: business-standard.com

Update Frequency: 225 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

News Language: English

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Publisher ID: #49

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