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Sterling and Wilson Solar bags Rs 1,500-crore order for waste-to-energy project

01 Oct 2021

Sterling and Wilson Solar said it has bagged an order worth Rs 1,500 crore for its waste-to-energy project from a developer of energy assets in the UK and Europe.According to the official press release, the facility will process 23.2 tonnes of non-recyclable solid municipal waste per hour, diverting over 185,600 tonnes of waste each year. It will generate 19.6 MW of energy, enough to power over 30,000 homes and will also provide heat that can be used by nearby businesses.Last month, the company had announced expansion of its renewable energy offerings to include hybrid energy, energy storage and waste-to-energy solutions. “We are delighted to have bagged our first order in the waste-to-energy segment, which we recently forayed into. This is also our first order in the European market... Through such orders, the company will be able to manage a consistent revenue stream year-on-year,” said Amit Jain, global chief executive officer of the company. He said that this was an important project for the region, in terms of sustainability and renewable power generation. “With over two billion tonnes of municipal waste produced globally each year, the treatment of non-recyclable trash that otherwise emits methane from landfills will help reduce greenhouse gases in the atmosphere,” he added. Construction for the project will begin in the third quarter of the financial year 2021-22 and will take over three years to commission

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