New Delhi, June 30: Renewable engineering, procurement and construction (EPC) major Sterling and Wilson Renewable Energy Ltd. (SWREL) has secured a USD 560 million (around ₹4,800 crore) contract for the West Minya Solar Power Project in Egypt through a 50:50 joint venture with Hassan Allam Construction, one of the leading infrastructure companies in Egypt and the MENA region.
The project, located in Minya Governorate, comprises a 1,000 MWac solar photovoltaic (PV) plant integrated with a 600 MWh Battery Energy Storage System (BESS). Upon completion, it is expected to become one of Egypt’s largest utility-scale renewable energy projects.
Under the contract, the joint venture will undertake the complete engineering, procurement and construction (EPC) scope, including photovoltaic generation facilities, battery energy storage infrastructure, transmission systems, grid interconnection and all associated balance-of-plant works.
Commenting on the project, Chandra Kishore Thakur, Global CEO, Sterling and Wilson Renewable Energy Group, said the company is proud to contribute to Egypt’s clean energy transition and energy security across the wider Middle East and North Africa (MENA) region. He added that SWREL will leverage its global EPC expertise to deliver the project on schedule while maintaining high standards of safety, quality and operational excellence.
The Egypt order marks SWREL’s third gigawatt-scale project secured within the last nine months, reflecting the growing demand for large-scale solar installations integrated with advanced battery energy storage systems and reinforcing customer confidence in the company’s execution capabilities.
The latest contract also strengthens SWREL’s expanding footprint in Africa. Earlier this year, the company provided a USD 34 million Parent Company Guarantee to support the working capital requirements of its South African subsidiary. It had also secured a 240 MWac turnkey solar EPC project in South Africa, valued at approximately USD 147 million, and is currently executing multiple utility-scale solar projects in the country.
The company’s recent international strategy marks a shift from its earlier focus on developed markets such as Australia and parts of the Middle East. SWREL is now adopting a more risk-balanced approach by forming strategic joint ventures in key markets and consolidating operations in countries where it can execute multiple projects, strengthening its long-term presence while mitigating execution risks.
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