Sterling and Wilson Pvt Ltd (SWPL) which is one of India’s leading engineering, procurement, and construction (EPC) companies has made an announcement that it will enter into the e-mobility segment in India. For this, it is partnering with the global energy solutions provider, Enel X.
SWPL, a Shapoorji Pallonji Group company signed a 50-50 joint venture (JV) with Enel X, a subsidiary of Enel Group. The 50:50 joint venture will enable the two companies to offer electric charging infrastructure in the Indian sub-continent.
Sanjay Jadhav, CEO, Sterling Generators Pvt Ltd. commented – “The quick electric charger will be a game-changer for the EV sector in the country and is in line with the national vision to combat fossil fuel pollution and associated climate change through accelerated electrification of private and public transportation as a prime lever.”
SWPL will introduce Enel X’s Juice family of high-tech, digital and smart DC and fast AC electrical vehicle chargers in India.
Enel X CEO Francesco Venturini, said – “Joining forces allows our teams to leverage our extensive market knowledge and technical experience, helping to deliver effective results, as well as making important steps towards a clean and sustainable future. We will support the JV by bringing electric mobility solutions to market that are fit for local needs, accessible, and convenient for all drivers, significantly contributing to the decarbonisation of the transport sector across India and subsequently South-East Asia.”.
The joint venture will be incorporated on April 1 and will start operating from the second quarter of 2021.