New Delhi, Dec 22 (PTI) Sterling and Wilson Renewable Energy Limited (SWREL) on Sunday announced securing a new solar project worth around Rs 1,200 crore.

The company received an order for design, engineering, procurement and construction of Balance of System (BOS) for 500 MW (AC) solar PV project in Gujarat, it said.

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The order also includes comprehensive O&M (operations and maintenance) for a period of three years.

Amit Jain, Global CEO, Sterling and Wilson Renewable Energy Group, said the order will support India and especially Gujarat's transition towards clean energy. India is one of the world's largest energy markets and must therefore focus on sustainable options to mitigate climate challenges while strengthening energy security, job creation and economic growth.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)