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Sembcorp Energy India wins 400 MW solar power project

Friday, 08 Jan 2021
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Sembcorp Energy India (SEIL), a wholly-owned subsidiary of Sembcorp Industries, has won a bid for a new 400 MW solar power project in Rajasthan.

The bid was won through its renewables subsidiary, Sembcorp Green Infra, in an auction conducted by the Solar Energy Corporation of India (SECI).

The solar power project in Rajasthan is expected to be ready for commercial operation by mid-2022 and will be funded through a mixture of internal funds and debt.

SEIL has received the letter of award (LoA) from SECI to develop the project  connected to the state’s transmission utility, Rajasthan Rajya Vidyut Prasaran Nigam.

The project’s entire output will be sold to SECI under 25 year long-term power purchase agreement (PPA).

With this win, the company now has a renewable energy portfolio of over 3,000 MW in operation and under development across Singapore, China and India.

 
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