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Sterling And Wilson

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uuid00021zs

Namestring
Sterling And Wilson
Legal namestring
Sterling Wilson Private Limited
Company typeenum
Public
Founded yearint
1927
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersMumbai, India
HQ citystring
Mumbai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
solar EPC services, data center construction, MEP engineering, transmission distribution, generator manufacturing
Industry3 codes
1Solar PV Power Plant EPC (Utility-Scale)
CodeEUAEAAAGPrimaryYes
2Utility-Scale PV EPC (Engineering, Procurement & Construction)
CodeEUACAGABPrimaryNo
3Balance-of-Plant (BOP) & Civil Works for Power Plants
CodeEUAEAAALPrimaryNo
NAICS code1 code
  • Solar Electric Power Generation221114
SIC code1 code
  • Electronic & Other Electrical Equipment (No Computer Equip)3600
Product category
Engineering, Procurement and Construction (EPC) Services
GTM motion4 records

Each record includes

Type, Description, Source

Revenue model4 records
1EPC Project Contracts
TypeProfessional Services
Description

Core revenue stream derived from turnkey Engineering, Procurement and Construction contracts across solar, data centers, MEP, industrial EPC, and transmission & distribution projects. Revenue is recognized on a project-execution basis, with marquee projects including 1,177 MWp Noor Abu Dhabi and 580 MWp Bhadla Solar Park. Turnover disclosed at ₹8,500 Cr.

sterlingandwilson.com
2Operations & Maintenance (O&M) Services
TypeSubscription Recurring
Description

Recurring service revenue from Operation and Maintenance contracts for renewable energy assets, providing ongoing lifecycle support after project commissioning.

sterlingandwilson.com
3Generator Sales (Sterling Green)
TypeHardware Sales
Description

Hardware-led revenue from diesel genset sales, with Sterling Green benefiting from data center demand — ₹1,000 crore in orders last year and ₹1,350 crore in just the first two months of FY27, supported by a new manufacturing facility in Pune.

energy.economictimes.indiatimes.com
4Data Center Turnkey EPC & Post-Completion Maintenance
TypeManaged Services
Description

Design, planning, budgeting, timeline management, Integrated System Testing and Accreditation, and 3–5 years of post-completion maintenance services for data center projects such as the Kemet Data Center in the Suez Canal Economic Zone.

dailynewsegypt.com
Cost components6 values
Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Pricing details1 tier
1Quote-based project pricing; no publicly disclosed tiers or price list.
ModelOther
Notes

Pricing depends on project scope (e.g., MWp capacity for solar, square-footage/capacity for data centers, building type for MEP). No standard published rate card.

sterlingandwilson.com
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 3 records shown
1Sterling Generators (Sterling Green)
Description

Group's genset manufacturing and power solutions arm; operates Asia's largest manufacturing plant in Silvassa and is commissioning a new facility in Pune.

energy.economictimes.indiatimes.com
+2 more records
Core offering1 text field

Sterling and Wilson is a global EPC (Engineering, Procurement and Construction) contractor delivering turnkey projects across utility-scale solar PV, data centers (conventional and modular prefabricated), MEP (Mechanical, Electrical, Plumbing), industrial EPC, and transmission & distribution. It also manufactures diesel generators under the Sterling Generators (Sterling Green) sub-brand, operating Asia's largest genset manufacturing plant in Silvassa and a new facility in Pune. The company's renewable energy arm (Sterling and Wilson Renewable Energy Limited) is publicly listed and reports a 21.7 GWp solar EPC portfolio.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Sterling and Wilson operates a multi-business EPC (Engineering, Procurement and Construction) platform rather than a single unified software product. Its portfolio spans six core businesses: Turnkey Data Centers (delivered through the carved-out Sterling and Wilson Data Center / SWDC entity, with Conventional Brick & Mortar and Modular Prefabricated Data Center modules), Renewable Energy (Utility-Scale, Solar Rooftop, Floating Solar, Solar PV + Energy Storage, and Operation and Maintenance modules, operated through Sterling and Wilson Renewable Energy Limited), MEP services (Electrical, HVAC, Public Health Engineering, Firefighting, and Integrated Building Management System), Industrial EPC, Transmission & Distribution, and Sterling Generators (the diesel genset manufacturing sub-brand, also referred to as Sterling Green, with manufacturing plants in Silvassa and Pune). These businesses sit under the Shapoorji Palonji Group parent and together position the company across the solar EPC, data centre, MEP, and power infrastructure value chain in India, the Middle East, and Africa.

Product and service6 records
1Renewable Energy (Solar EPC)
CategoryRenewable Energy EPC
Description

Turnkey engineering, procurement and construction of solar PV plants at utility-scale, rooftop, floating, and storage-integrated configurations, serving project developers, IPPs, and government energy authorities in India, the Middle East and Africa.

2Turnkey Data Centers
CategoryData Center EPC
Description

End-to-end turnkey delivery of conventional and modular prefabricated data centers including design, build, MEP systems, IBMS, Integrated System Testing and 3–5 years of post-completion maintenance, for hyperscale, colocation, telecom, and government operators.

3MEP (Mechanical, Electrical and Plumbing)
CategoryBuilding Engineering Services
Description

Integrated mechanical, electrical, plumbing, firefighting and IBMS services for commercial, institutional and industrial buildings including hospitals, airports, malls, IT parks, the Supreme Court of India, and cleanroom/dryroom facilities for semiconductor, battery and display manufacturers.

4Industrial EPC
CategoryIndustrial EPC
Description

Engineering, procurement and construction services for industrial facilities across oil & gas, petrochemical, ports, steel, and process manufacturing sectors.

5Transmission & Distribution
CategoryPower Infrastructure EPC
Description

EPC services for power transmission and distribution infrastructure projects awarded by central and state power utilities in India.

6Sterling Generators
CategoryPower Equipment Manufacturing
Description

Manufacture and supply of diesel generator sets (branded Sterling Green) for data centers and industrial clients, backed by Silvassa and Pune manufacturing facilities.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Indian solar module manufacturer and EPC contractor competing head-to-head with Sterling and Wilson Renewable Energy in utility-scale solar EPC and rooftop solar, with overlapping customer segments across India and the Middle East.

TypeDirect peer
Description

RPG Group EPC company specializing in power transmission & distribution, with growing renewable EPC and cable capabilities. A direct competitor in T&D and increasingly in solar EPC against Sterling and Wilson's transmission and renewable businesses.

TypeBroad incumbent
Description

Diversified Indian infrastructure conglomerate with overlapping EPC businesses in power transmission, solar, and urban infrastructure, and a sibling relationship to Reliance Ventures (which invested in Sterling and Wilson). Competes for large Indian utility and infrastructure contracts.

TypeDirect peer
Description

Indian EPC contractor delivering solar, data center, transmission, and industrial projects with a comparable end-to-end execution model and similar marquee-customer orientation (utilities, hyperscalers, public-sector clients).

TypeDirect peer
Description

India's largest EPC conglomerate with overlapping capabilities in solar PV EPC, data center construction, MEP, transmission & distribution, and industrial EPC. Directly competes with Sterling and Wilson for utility-scale solar and hyperscale data center contracts across India and the Middle East.

TypeBroad incumbent
Description

Part of the Adani Group, operating one of India's largest transmission & distribution networks and increasingly active in solar EPC and data center power infrastructure. Competes with Sterling and Wilson in T&D, renewable EPC, and energy solutions for hyperscale data centers.

TypeDirect peer
Description

Indian solar IPP and EPC provider executing GW-scale utility solar projects across India and the Middle East, directly comparable to Sterling and Wilson Renewable Energy's project portfolio and target markets.

TypeBroad incumbent
Description

India's largest heavy-engineering and power-sector EPC company with capabilities across thermal, hydro, transmission, and increasingly solar EPC — a broad incumbent competing for utility-scale renewable and industrial EPC contracts.

TypeDirect peer
Description

One of the world's largest renewable IPPs with substantial captive solar EPC capabilities. Directly competes with Sterling and Wilson Renewable Energy for utility-scale solar EPC contracts in India and competes for the same marquee utility and sovereign-buyer mandates.

TypeDirect peer
Description

Indian EPC and generator manufacturer with adjacent offerings in solar EPC, diesel gensets, and data center power infrastructure — a direct peer to both Sterling Generators (Sterling Green) and Sterling and Wilson's solar EPC and data center verticals.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Sterling And Wilson

Engineering, Procurement and Construction (EPC) Servicessterlingandwilson.com

Sterling And Wilson firmographics

Firmographics
Name
Sterling And Wilson
Legal name
Sterling Wilson Private Limited
Website
https://sterlingandwilson.com
Company type
Public
Founded year
1927
Operating status
Operating
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

Sterling And Wilson industry classification

Industry
Product category
Engineering, Procurement and Construction (EPC) Services
NAICS
Solar Electric Power Generation (221114)
SIC
Electronic & Other Electrical Equipment (No Computer Equip) (3600)
akta.pro primary industry
Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG)
akta.pro secondary industries
Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB), Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL)

Keywords

  • Solar EPC services
  • Data center construction
  • MEP engineering
  • Transmission distribution
  • Generator manufacturing

Where Sterling And Wilson is headquartered

Location

Headquarters

HQ city
Mumbai
HQ country
India
HQ region
Asia

Markets served

Sterling And Wilson business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. EPC Project Contracts: Core revenue stream derived from turnkey Engineering, Procurement and Construction contracts across solar, data centers, MEP, industrial EPC, and transmission & distribution projects. Revenue is recognized on a project-execution basis, with marquee projects including 1,177 MWp Noor Abu Dhabi and 580 MWp Bhadla Solar Park. Turnover disclosed at ₹8,500 Cr.
  2. Operations & Maintenance (O&M) Services: Recurring service revenue from Operation and Maintenance contracts for renewable energy assets, providing ongoing lifecycle support after project commissioning.
  3. Generator Sales (Sterling Green): Hardware-led revenue from diesel genset sales, with Sterling Green benefiting from data center demand — ₹1,000 crore in orders last year and ₹1,350 crore in just the first two months of FY27, supported by a new manufacturing facility in Pune.
  4. Data Center Turnkey EPC & Post-Completion Maintenance: Design, planning, budgeting, timeline management, Integrated System Testing and Accreditation, and 3–5 years of post-completion maintenance services for data center projects such as the Kemet Data Center in the Suez Canal Economic Zone.

Pricing tiers

ModelBillingPrice
Other—Quote-based project pricing; no publicly disclosed tiers or price list.

Go-to-market motion4 records

Sterling And Wilson product offering

Product offering

Core offering

Sterling and Wilson is a global EPC (Engineering, Procurement and Construction) contractor delivering turnkey projects across utility-scale solar PV, data centers (conventional and modular prefabricated), MEP (Mechanical, Electrical, Plumbing), industrial EPC, and transmission & distribution. It also manufactures diesel generators under the Sterling Generators (Sterling Green) sub-brand, operating Asia's largest genset manufacturing plant in Silvassa and a new facility in Pune. The company's renewable energy arm (Sterling and Wilson Renewable Energy Limited) is publicly listed and reports a 21.7 GWp solar EPC portfolio.

Product overview

Sterling and Wilson operates a multi-business EPC (Engineering, Procurement and Construction) platform rather than a single unified software product. Its portfolio spans six core businesses: Turnkey Data Centers (delivered through the carved-out Sterling and Wilson Data Center / SWDC entity, with Conventional Brick & Mortar and Modular Prefabricated Data Center modules), Renewable Energy (Utility-Scale, Solar Rooftop, Floating Solar, Solar PV + Energy Storage, and Operation and Maintenance modules, operated through Sterling and Wilson Renewable Energy Limited), MEP services (Electrical, HVAC, Public Health Engineering, Firefighting, and Integrated Building Management System), Industrial EPC, Transmission & Distribution, and Sterling Generators (the diesel genset manufacturing sub-brand, also referred to as Sterling Green, with manufacturing plants in Silvassa and Pune). These businesses sit under the Shapoorji Palonji Group parent and together position the company across the solar EPC, data centre, MEP, and power infrastructure value chain in India, the Middle East, and Africa.

Differentiator

Problem solved

Functional benefit

Brands

  • Sterling Generators (Sterling Green): Group's genset manufacturing and power solutions arm; operates Asia's largest manufacturing plant in Silvassa and is commissioning a new facility in Pune.
  • Sterling and Wilson Data Center (SWDC)
  • Sterling & Wilson Solar

Products and services

  • Renewable Energy (Solar EPC) Turnkey engineering, procurement and construction of solar PV plants at utility-scale, rooftop, floating, and storage-integrated configurations, serving project developers, IPPs, and government energy authorities in India, the Middle East and Africa.
  • Turnkey Data Centers End-to-end turnkey delivery of conventional and modular prefabricated data centers including design, build, MEP systems, IBMS, Integrated System Testing and 3–5 years of post-completion maintenance, for hyperscale, colocation, telecom, and government operators.
  • MEP (Mechanical, Electrical and Plumbing) Integrated mechanical, electrical, plumbing, firefighting and IBMS services for commercial, institutional and industrial buildings including hospitals, airports, malls, IT parks, the Supreme Court of India, and cleanroom/dryroom facilities for semiconductor, battery and display manufacturers.
  • Industrial EPC Engineering, procurement and construction services for industrial facilities across oil & gas, petrochemical, ports, steel, and process manufacturing sectors.
  • Transmission & Distribution EPC services for power transmission and distribution infrastructure projects awarded by central and state power utilities in India.
  • Sterling Generators Manufacture and supply of diesel generator sets (branded Sterling Green) for data centers and industrial clients, backed by Silvassa and Pune manufacturing facilities.

Companies that use Sterling And Wilson

Customer profile

Ideal customer profiles4 records

Sterling And Wilson technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

Sterling And Wilson partnerships and signals

Strategic signal

Recent moves7 records

Expansion highlights6 records

Sterling And Wilson competitors and assessment

Company assessment

Direct peers

  • Waaree Energies: Indian solar module manufacturer and EPC contractor competing head-to-head with Sterling and Wilson Renewable Energy in utility-scale solar EPC and rooftop solar, with overlapping customer segments across India and the Middle East.
  • KEC International: RPG Group EPC company specializing in power transmission & distribution, with growing renewable EPC and cable capabilities. A direct competitor in T&D and increasingly in solar EPC against Sterling and Wilson's transmission and renewable businesses.
  • Tata Projects: Indian EPC contractor delivering solar, data center, transmission, and industrial projects with a comparable end-to-end execution model and similar marquee-customer orientation (utilities, hyperscalers, public-sector clients).
  • Larsen & Toubro (L&T) Construction: India's largest EPC conglomerate with overlapping capabilities in solar PV EPC, data center construction, MEP, transmission & distribution, and industrial EPC. Directly competes with Sterling and Wilson for utility-scale solar and hyperscale data center contracts across India and the Middle East.
  • ACME Solar Holdings: Indian solar IPP and EPC provider executing GW-scale utility solar projects across India and the Middle East, directly comparable to Sterling and Wilson Renewable Energy's project portfolio and target markets.
  • Adani Green Energy: One of the world's largest renewable IPPs with substantial captive solar EPC capabilities. Directly competes with Sterling and Wilson Renewable Energy for utility-scale solar EPC contracts in India and competes for the same marquee utility and sovereign-buyer mandates.
  • Jakson Group: Indian EPC and generator manufacturer with adjacent offerings in solar EPC, diesel gensets, and data center power infrastructure — a direct peer to both Sterling Generators (Sterling Green) and Sterling and Wilson's solar EPC and data center verticals.

Broad incumbents

  • Reliance Infrastructure: Diversified Indian infrastructure conglomerate with overlapping EPC businesses in power transmission, solar, and urban infrastructure, and a sibling relationship to Reliance Ventures (which invested in Sterling and Wilson). Competes for large Indian utility and infrastructure contracts.
  • Adani Energy Solutions: Part of the Adani Group, operating one of India's largest transmission & distribution networks and increasingly active in solar EPC and data center power infrastructure. Competes with Sterling and Wilson in T&D, renewable EPC, and energy solutions for hyperscale data centers.
  • BHEL: India's largest heavy-engineering and power-sector EPC company with capabilities across thermal, hydro, transmission, and increasingly solar EPC — a broad incumbent competing for utility-scale renewable and industrial EPC contracts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Sterling And Wilson social profiles

Digital presence

Sterling And Wilson compliance and trust

Trust signal

Compliance4 records

Sterling And Wilson financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Sterling And Wilson leadership team

Management profile

Number of profiles

Profiles3 records

Sterling And Wilson subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Sterling And Wilson funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Sterling And Wilson M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sterling And Wilson

What does Sterling And Wilson do?

Sterling and Wilson is a global EPC (Engineering, Procurement and Construction) contractor delivering turnkey projects across utility-scale solar PV, data centers (conventional and modular prefabricated), MEP (Mechanical, Electrical, Plumbing), industrial EPC, and transmission & distribution. It also manufactures diesel generators under the Sterling Generators (Sterling Green) sub-brand, operating Asia's largest genset manufacturing plant in Silvassa and a new facility in Pune. The company's renewable energy arm (Sterling and Wilson Renewable Energy Limited) is publicly listed and reports a 21.7 GWp solar EPC portfolio.

Is Sterling And Wilson a public or private company?

Sterling And Wilson is a public company. It is classified as corporate owned and is currently operating.

When was Sterling And Wilson founded?

Sterling And Wilson was founded in 1927. It employs 1,001 to 5,000 people.

Where is Sterling And Wilson based?

Sterling And Wilson is headquartered in Mumbai, India, in the Asia region.

How does Sterling And Wilson make money?

Four revenue lines are on record. EPC Project Contracts are the primary driver. The others are operations & Maintenance (O&M) Services, generator Sales (Sterling Green) and data Center Turnkey EPC & Post-Completion Maintenance.

Who are Sterling And Wilson's main competitors?

Direct peers on record are Waaree Energies, KEC International, Tata Projects, Larsen & Toubro (L&T) Construction, ACME Solar Holdings, Adani Green Energy and Jakson Group. Broad incumbents are Reliance Infrastructure, Adani Energy Solutions and BHEL.

Does Sterling And Wilson have an API?

No public API is recorded for Sterling And Wilson.

What industry is Sterling And Wilson in?

Sterling And Wilson's product category is Engineering, Procurement and Construction (EPC) Services. Its primary akta.pro industry code is EUAEAAAG, Solar PV Power Plant EPC (Utility-Scale), with a secondary code of EUACAGAB, Utility-Scale PV EPC (Engineering, Procurement & Construction). Its NAICS code is 221114 and its SIC code is 3600.

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Live signals
The TribuneEmbassy REIT unitholder flags alleged disclosure lapses, questions Axis Trustee role before SEBI; Embassy Group calls charges baselessA unitholder of Embassy Office Parks REIT has filed a representation with SEBI alleging that the REIT, its sponsor Embassy Property Developments Pvt Ltd, and trustee Axis Trustee Services Ltd failed to timely disclose criminal proceedings against the promoters. The complaint highlights alleged discrepancies in reporting the status of a CBI case over several years and questions the trustee's oversight capabilities. Embassy Group has dismissed the allegations as baseless, characterizing them as part of a coordinated campaign by Sterling & Wilson to damage its reputation.Construction WorldSterling Green Power Opens Talegaon Manufacturing FacilitySterling Green Power Solutions (SGPS), part of the Sterling & Wilson Group, inaugurated a new manufacturing facility in Talegaon near Pune on July 31, 2026, marking the first phase of its multi-location expansion strategy. The plant will produce Diesel Generator sets ranging from 100 kVA to 750 kVA with an annual production capacity of approximately 1,000 units, targeting retail customers as well as rental, hospitality, healthcare, education, government, and industrial applications. The expansion roadmap includes additional facilities at Chakan MIDC and a planned plant at Hamriyah Free Zone in Sharjah.The Times of IndiaSterling & Wilson inaugurates Talegaon plant, plans new manufacturing facilities in Chakan, SharjahSterling Green Power Solutions (SGPS), part of the Sterling & Wilson Group, inaugurated a new diesel generator set manufacturing facility in Talegaon near Pune, India, with an annual production capacity of around 1,000 units. The company outlined a long-term capacity expansion roadmap that includes establishing additional manufacturing facilities at Chakan MIDC in India and Hamriyah Free Zone in Sharjah, UAE. The Talegaon plant will serve diverse sectors including rental, hospitality, healthcare, education, government, and industrial applications, with products ranging from 100 kVA to 750 kVA.The Times of IndiaSterling & Wilson inaugurates Talegaon plant, plans new manufacturing facilities in Chakan, SharjahSterling Green Power Solutions (SGPS), part of Sterling & Wilson Group, inaugurated a new manufacturing facility in Talegaon near Pune to produce diesel generator sets ranging from 100 kVA to 750 kVA with an annual capacity of approximately 1,000 units. The Talegaon plant is the first phase of the company's multi-location manufacturing expansion roadmap, which includes additional facilities planned for Chakan MIDC in India and Hamriyah Free Zone in Sharjah, UAE. The company targets diverse sectors including rental, hospitality, healthcare, education, government, industrial, airports, metro lines, townships, and factories.Financial ExpressSEBi’s stand in HC weakens charges by Sterling Wilson: Embassy REITEmbassy Group said the Securities and Exchange Board of India’s (Sebi’s) position before the Bombay High Court had weakened allegations levelled against it by Sterling & Wilson and other petitioners in a dispute concerning the sponsor and promoters of Embassy Office Parks REIT. Sebi informed the court it had examined the representation underlying the petitions and indicated its decision was unlikely to support the relief sought by petitioners, adding it would explain its reasoning in an affidavit. The Bombay High Court has directed Sebi to file reasoned affidavits by August 27, with petitioners' rejoinders due by September 4 and the next hearing scheduled for September 9.ConstructionweekonlineSterling Green Power opens Pune facilitySterling Green Power Solutions, part of the Sterling & Wilson Group, inaugurated its second manufacturing facility in Talegaon MIDC near Pune, India, targeting the LHP market segment with diesel generator sets ranging from 100 kVA to 750 kVA. The plant has an annual production capacity of approximately 1,000 units targeting retail customers across rental, hospitality, healthcare, education, government, and industrial sectors. The company plans additional expansion to Chakan MIDC and Hamriyah Free Zone in Sharjah to meet growing demand for its power solutions.BW DisruptData Centre Boom Drives Sterling Green’s Rs 1,500 Cr IPO PlanSterling & Wilson is preparing to launch an IPO of approximately Rs 1,500 crore for its generator manufacturing subsidiary, Sterling Green Power Solutions, with ICICI Securities and IIFL Capital appointed as lead managers. The company plans to use proceeds to set up manufacturing facilities in Dubai and Pune, driven by surging demand from India's rapidly expanding data centre industry. Sterling Green's order book nearly doubled during FY26 to around Rs 2,900 crore, with revenue rising to Rs 1,167 crore from Rs 868 crore in FY25.The Times of IndiaSterling & Wilson eyes ₹1,500-crore IPO for generator manufacturing armSterling & Wilson is preparing an IPO of approximately ₹1,500 crore for its generator manufacturing subsidiary, Sterling Green Power Solutions, with ICICI Securities and IIFL Capital as lead managers. The unit's order book nearly doubled to ₹2,900 crore as of May 2026, driven by surging demand from data centers and marquee customers including Adani, AirTrunk, and DAMAC. Proceeds will fund expansion including new manufacturing facilities in Dubai and Pune, with the company previously owned by Shapoorji Pallonji before a secondary share sale reduced its stake to 42%.The Times of IndiaSterling & Wilson IPO: Sterling & Wilson to Launch ₹1,500 Crore IPO for Generator Manufacturing Expansion, ETManufacturingSterling & Wilson is preparing to launch a ₹1,500 crore IPO for its generator manufacturing subsidiary Sterling Green Power Solutions, with ICICI Securities and IIFL Capital appointed as lead managers. The generator business has seen its order book nearly double to ₹2,900 crore in FY26, driven by surging demand from data centers, with revenue rising to ₹1,167 crore from ₹868 crore year-on-year. Proceeds will fund global expansion including a new Dubai facility and Pune manufacturing plant, with capital expenditure of ₹90-100 crore earmarked for FY27-FY28.AInvestSterling and Wilson eyes INR15B IPO for generator armSterling and Wilson Renewable Energy, a subsidiary of Sterling and Wilson Solar Limited, is preparing for an initial public offering of up to INR15 billion to fund expansion in India's solar power generation sector. The company operates a portfolio of operational and under-construction solar projects with a combined capacity exceeding 2,000 MW. Industry analysts expect the IPO could launch within 6–12 months, subject to regulatory approvals and market conditions.