Sembcorp will integrate about 300MW of installed capacity comprising solar, wind and battery energy storage solutions to meet the contracted capacity.
The latest project will bring the group’s gross renewables capacity in India to over 6.5GW and its total renewables portfolio to 18GW globally.
The project is expected to be ready for commercial operation within 24 months from the signing of the 25-year power purchase agreement with SECI. The project will be funded by a mix of internal funds and debt.
As at 1.30pm, shares in Sembcorp are trading 4 cents higher or 0.59% up at $6.79.
