Sembcorp to Acquire ReNew Sun Bright in Rs 17,000 Million Deal

13 Oct 2025 CW Team

Singapore-based Sembcorp Industries has announced plans to acquire ReNew Pvt Ltd’s unit, ReNew Sun Bright, for approximately 246 million Singapore dollars (around Rs 17,000 million). The deal is set to be funded through a combination of internal cash and external borrowings, with completion expected in the first half of 2026, subject to regulatory approvals and other closing conditions.

Following the acquisition, Sembcorp’s total gross renewable energy capacity in India will rise to 6.9GW. Globally, the company’s gross renewable portfolio, including pending acquisitions, will reach 19.3GW.

ReNew Sun Bright operates a 300-MW solar power plant in Fatehgarh, Rajasthan, which commenced commercial operations in November 2021. The plant is connected to the national grid via the Inter-State Transmission System and functions under a 25-year power purchase agreement with Maharashtra State Electricity Distribution Company Limited.

Founded in 2008, Sembcorp Green Infra has established a footprint across 18 Indian states. Part of Sembcorp Industries, it focuses on energy and urban solutions, with a commitment to sustainability.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..