Project will put 250 MW on Central Transmission Utility

Singapore’s Sembcorp’s renewable energy business in India has won a bid for a new wind power project in Tamil Nadu with close to 250 megawatts in capacity to be added to India’s Central Transmission Utility.

Sembcorp Green Infra has received a letter of award for the project following the country’s first national wind power tender, conducted by Solar Energy Corp of India, an entity under India’s Ministry of New and Renewable Energy.

The project will sell entire output to Power Trading Corporation under a 25-year long-term power purchase agreement.

Commenting on the deal, Sunil Gupta, Managing Director and CEO of Sembcorp Green Infra, said, “We will be locating the project in Tamil Nadu, a high-wind state, and plan to work closely with suppliers and contractors to deliver the project successfully.”

The project is to be developed in phases and fully commissioned in the second half of the Indian financial year ending March 31, 2019.

The total project cost is estimated to be around INR 19 billion (approximately S$405 million). This is expected to be funded through a mixture of internal funds and debt.

This project strengthens Sembcorp’s presence in India’s power market, as well as its growing international renewable energy portfolio.

The Sembcorp Group has over 3,800 megawatts of power capacity in operation and under development in India, comprising both thermal and renewable energy assets. fii-news.com