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This Article is From Dec 14, 2023

Sembcorp Arm Bags 300 MW Solar Project From NHPC

Sembcorp Arm Bags 300 MW Solar Project From NHPC
A solar park. (Photo: Unsplash)

Sembcorp Industries' subsidiary Green Infra Wind Energy Ltd. has bagged a 300 MW solar project from NHPC.

Sembcorp, through GIWEL, has received a letter of award for a 300 MW Inter-State Transmission System connected solar power project from NHPC.

The build-own-operate project is part of a 3 GW bid issued by NHPC earlier this year, a statement said.

Upon completion of the project, the power output will be sold to NHPC under a 25-year power purchase agreement.

The project is expected to be ready for commercial operation in 2026, and will be funded through a mix of internal funds and debt.

This brings Sembcorp's gross renewables capacity globally to 13 GW, including 473 MW of acquisitions pending completion.

Comprehensive Budget 2026 coverage, LIVE TV analysis, Stock Market and Industry reactions, Income Tax changes and Latest News on NDTV Profit.

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