Sterling and Wilson to Build Zambia’s Largest Solar Plant

LUSAKA, Zambia–(BUSINESS WIRE)–#BikeshOgra–Sterling and Wilson, leading Global Solar EPC company in the world, has
been chosen to construct Zambia’s largest solar plant, of capacity 54.3
MWp. It is the first project to be implemented in the frame of the
Scaling Solar program, promoted by the International Finance Corporation
– a member of the World Bank Group. The project is being developed by
Neoen, the French developer and Independent Power Producer (IPP).

In the year 2015, Zambia’s Industrial Development Corporation (IDC)
signed an agreement with IFC to develop two large-scale solar projects
through Scaling Solar program. This will be Zambia’s first utility scale
solar PV project and first under Scaling Solar Program exclusively for
on grid application.

Situated at 20 km South East of Lusaka, in Kafue district, the project
site has spread across 52 hectares of land.

Bikesh Ogra, President and CEO – Renewable Energy and Energy Storage
business, Sterling and Wilson said, “Sterling and Wilson
is a key player in Africa region. We have commissioned 90 MWp Solar PV
plant in Africa till date. Zambia is one of the key markets for us
considering the booming renewable energy segment and the Zambian
government’s support for the development of 500 MW of new Solar PV plant
in next couple of years. Zambia regularly suffers from power outages
that lasts for more than 10 hours a day. Reports suggest one in five
people living in the country currently has no access to electricity, a
basic need today. We are glad to be chosen by Neoen for this project and
are privileged to be part of the energy revolution in a power deficit
market.”

Sterling and Wilson was ranked as the world’s largest pure play solar
EPC company (outside USA and China) by IHSMarkit in Q1 2017. The company
has to its credit more than 2000 MW of best performing solar power
plants across the world in various geographies including Asia & Africa.
Currently it is constructing the world’s largest single location Solar
PV plant of 1177 MWp in Abu Dhabi.

About Sterling and Wilson

Sterling and Wilson is an excellent example of how the Shapoorji
Pallonji family has nurtured long term associations with its business
partners. The Mistry and Daruvala families have been partners in
Sterling and Wilson for 3 generations. This partnership will only grow
stronger, as the 4th generations of both families have recently joined
the business.

Over the past 5 years, Sterling and Wilson has shown exceptional growth;
with operations all over the globe, as well as an expansion in its range
of services. The company's turnover has shown an extremely positive
growth. It is likely to exceed INR 10,000 crore in the year ended March
2018. From being a predominantly India focused company in 2010, Sterling
and Wilson now operates across the Middle East, Africa, Australia and
Europe. From being a company that was mainly focused on doing MEP
projects in India, Sterling and Wilson over the past 5 years has set up
global operations in manufacture of DG sets, Gas based power plants,
Waste to Energy, Turnkey Data Centers, Transmission and Distribution and
Solar EPC. With its recent forays into wind and energy storage, Sterling
and Wilson is perfectly poised to play a pivotal role in the global
trend of moving away from thermal plants to a future of renewable energy
with storage.

Visit us at www.sterlingandwilson.com.

Contacts

For Sterling and Wilson
Kritika Bhardwaj
MOB: +91 (0)
9833394436
kritika.bharadwaj@mslgroup.com