+
Sembcorp Sues Siemens Gamesa Over Unsettled Arbitration
POWER & RENEWABLE ENERGY

Sembcorp Sues Siemens Gamesa Over Unsettled Arbitration

Sembcorp's Indian subsidiary has initiated legal action in a Bengaluru court to prevent Siemens Gamesa from selling its Indian business until an arbitration concerning an alleged contract default is resolved. In its submission to the Principal City Civil and Sessions Judge in Bengaluru, Sembcorp requested an injunction to halt the sale of Siemens Gamesa's Indian assets, including its shareholding.

The court has issued notices to Siemens Gamesa, according to court documents.

Sembcorp's Indian unit has filed a lawsuit against both Siemens Gamesa and its parent company, Siemens Energy AG. Reports indicate that Siemens Energy AG has decided to sell its entire Indian manufacturing, maintenance, and services business in the renewables sector, effectively signalling a withdrawal from the Indian market.

Due to these significant developments, which raise concerns about the future operations of Siemens Gamesa as a viable entity, Sembcorp sought an injunction to stop the proposed sale. Last year, Sembcorp's Indian arm took Siemens Gamesa to arbitration over a dispute related to a wind power project.

Sembcorp's wholly-owned Indian subsidiary, Green Infra Wind Energy (GIWEL), had entered into a contract with Siemens Gamesa for the supply, erection, and commissioning of a 300-megawatt wind power project, which included 143 wind turbine generators and associated transmission facilities.

Sembcorp's Indian subsidiary has initiated legal action in a Bengaluru court to prevent Siemens Gamesa from selling its Indian business until an arbitration concerning an alleged contract default is resolved. In its submission to the Principal City Civil and Sessions Judge in Bengaluru, Sembcorp requested an injunction to halt the sale of Siemens Gamesa's Indian assets, including its shareholding. The court has issued notices to Siemens Gamesa, according to court documents. Sembcorp's Indian unit has filed a lawsuit against both Siemens Gamesa and its parent company, Siemens Energy AG. Reports indicate that Siemens Energy AG has decided to sell its entire Indian manufacturing, maintenance, and services business in the renewables sector, effectively signalling a withdrawal from the Indian market. Due to these significant developments, which raise concerns about the future operations of Siemens Gamesa as a viable entity, Sembcorp sought an injunction to stop the proposed sale. Last year, Sembcorp's Indian arm took Siemens Gamesa to arbitration over a dispute related to a wind power project. Sembcorp's wholly-owned Indian subsidiary, Green Infra Wind Energy (GIWEL), had entered into a contract with Siemens Gamesa for the supply, erection, and commissioning of a 300-megawatt wind power project, which included 143 wind turbine generators and associated transmission facilities.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?