Sembcorp subsidiary bags 300 MW solar project from NHPC
Sembcorp Industries' subsidiary Green Infra Wind Energy Ltd (GIWEL) has bagged a 300 MW solar project from NHPC.
)
12:43 PM IST
Sembcorp Industries' subsidiary Green Infra Wind Energy Ltd (GIWEL) has bagged a 300 MW solar project from NHPC.
Sembcorp, through GIWEL, has received a Letter of Award (LoA) 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.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
)
)
)
)
)
)
)
)
Sembcorp ties up with Japanese firms for green ammonia project in India 
Entire Stake Sale: Rs 11,734 cr! Sembcorp sells India unit to Omanese consortia - Decarbonisation drive
