Sembcorp to supply wind-solar energy at Saint-Gobain’s facilities
POWER & RENEWABLE ENERGY

Sembcorp to supply wind-solar energy at Saint-Gobain’s facilities

Saint-Gobain India and Sembcorp Green Infra’s subsidiary Green Infra Wind Energy have signed a long-term energy supply agreement under which Sembcorp will install a 33 MW captive wind-solar hybrid project to power Saint-Gobain’s manufacturing facilities in Sriperumbudur, Perundurai, and Tiruvallur in Tamil Nadu. 

The wind-solar hybrid project is expected to be developed within a year. The project will be developed through a special purpose vehicle (SPV) within a power purchase agreement for 25 years. Green Infra would hold a 74 per cent stake in the SPV and Saint-Gobain the rest. 

Sembcorp’s renewable energy capacity stands at 5.7 GW, with wind and solar offerings in key markets such as India, Singapore, Vietnam, and China. With this tie-up, the Singapore-based company intends to strengthen its position as one of the leading renewable energy suppliers in India to reputable commercial and industrial (C&I) consumers through bilateral power purchase agreements. 

Saint-Gobain, which has many solar plants in India, expects the agreement to help achieve its carbon neutrality target set for 2050. The company intends to source approximately 22 million units of electricity required through captive solar plants by the end of the year. By 2023, Saint-Gobain India expects to have 44 per cent of its electricity consumption coming from renewables. 


Saint-Gobain India and Sembcorp Green Infra’s subsidiary Green Infra Wind Energy have signed a long-term energy supply agreement under which Sembcorp will install a 33 MW captive wind-solar hybrid project to power Saint-Gobain’s manufacturing facilities in Sriperumbudur, Perundurai, and Tiruvallur in Tamil Nadu. The wind-solar hybrid project is expected to be developed within a year. The project will be developed through a special purpose vehicle (SPV) within a power purchase agreement for 25 years. Green Infra would hold a 74 per cent stake in the SPV and Saint-Gobain the rest. Sembcorp’s renewable energy capacity stands at 5.7 GW, with wind and solar offerings in key markets such as India, Singapore, Vietnam, and China. With this tie-up, the Singapore-based company intends to strengthen its position as one of the leading renewable energy suppliers in India to reputable commercial and industrial (C&I) consumers through bilateral power purchase agreements. Saint-Gobain, which has many solar plants in India, expects the agreement to help achieve its carbon neutrality target set for 2050. The company intends to source approximately 22 million units of electricity required through captive solar plants by the end of the year. By 2023, Saint-Gobain India expects to have 44 per cent of its electricity consumption coming from renewables. 

Next Story
Infrastructure Energy

Mahi-Banswara Nuclear Project Siting Transferred to ASHVINI

India’s nuclear regulator, the Atomic Energy Regulatory Board (AERB), has transferred the siting consent for the Mahi-Banswara Atomic Power Project from the Nuclear Power Corporation of India Limited (NPCIL) to Anushakti Vidyut Nigam (ASHVINI), a joint venture company developing the 2,800 MWe project.Prime Minister Narendra Modi is scheduled to lay the foundation stone for the Mahi-Banswara Rajasthan Atomic Power Project (MBRAPP) on 25 September. The project marks the entry of the National Thermal Power Corporation (NTPC) into India’s nuclear power sector.ASHVINI, a joint venture between N..

Next Story
Infrastructure Energy

PM Modi Launches Rs 5.1 Billion Projects in Arunachal Pradesh

Prime Minister Narendra Modi today launched infrastructure projects worth over Rs 5.1 billion in Arunachal Pradesh, underscoring the state’s growing role in energy and regional development. He virtually laid the foundation stones for two major hydropower projects in Shi Yomi district, as well as a convention centre in Tawang. Additional projects worth over Rs 1.29 billion were rolled out across road connectivity, healthcare, and fire safety sectors.Addressing a public gathering at Indira Gandhi Park in Itanagar, PM Modi described Arunachal Pradesh as both the land of the rising sun and a cra..

Next Story
Infrastructure Energy

Power Ministry Forms Committee to Standardise Smart Meter Training

The Ministry of Power is establishing a steering committee and a sub-working group of domain experts to standardise training modules and create standard operating procedures (SOPs) and guidelines for smart meter data analytics, adoption of standards-based regimes, and cybersecurity practices for distribution companies (DISCOMs).The National Data Analytics and Reporting Centre at the National Power Training Institute, Faridabad, will conduct training programmes for DISCOM officials and provide guidance on customising use case analytics. It will also offer a “Leadership and Strategic Managemen..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?