Sembcorp Wins 300 MW Wind-Solar Hybrid Project from NTPC
POWER & RENEWABLE ENERGY

Sembcorp Wins 300 MW Wind-Solar Hybrid Project from NTPC

Sembcorp Industries announced that it has secured a 300 MW wind-solar hybrid project through its subsidiary, Sembcorp Green Infra, from NTPC. The project, which is part of a 1.2 GW bid issued by NTPC, a state-owned power company, is a build-own-operate initiative.

The statement further mentioned that Sembcorp, via its wholly-owned renewables subsidiary, Sembcorp Green Infra, has received a Letter of Award (LOA) for the 300 MW Inter-State Transmission System (ISTS) connected wind-solar hybrid power project from NTPC.

It was noted that the power generated from the project, once completed, will be sold to NTPC under a 25-year power purchase agreement (PPA), subject to the execution of the agreement. The project is expected to be operational within 24 months from the signing of the PPA and will be financed through a combination of internal funds and debt.

Since November 2023, Sembcorp has secured nearly 2 GW of greenfield projects, bringing its total renewable capacity in India to 5.4 GW. With this, the company’s global renewables capacity now stands at 16 GW, which includes a pending 49 MW acquisition.

The company stated that the award of this project is part of its regular business activities and is not anticipated to significantly impact its earnings per share or net tangible assets per share for the financial year ending December 31, 2024.

Additionally, nominations for the ET MSME Awards were announced, with the final date for submissions being November 30, 2024. Interested participants were encouraged to submit entries for any of the 22 award categories for a chance to win a prestigious recognition.

Sembcorp Industries announced that it has secured a 300 MW wind-solar hybrid project through its subsidiary, Sembcorp Green Infra, from NTPC. The project, which is part of a 1.2 GW bid issued by NTPC, a state-owned power company, is a build-own-operate initiative. The statement further mentioned that Sembcorp, via its wholly-owned renewables subsidiary, Sembcorp Green Infra, has received a Letter of Award (LOA) for the 300 MW Inter-State Transmission System (ISTS) connected wind-solar hybrid power project from NTPC. It was noted that the power generated from the project, once completed, will be sold to NTPC under a 25-year power purchase agreement (PPA), subject to the execution of the agreement. The project is expected to be operational within 24 months from the signing of the PPA and will be financed through a combination of internal funds and debt. Since November 2023, Sembcorp has secured nearly 2 GW of greenfield projects, bringing its total renewable capacity in India to 5.4 GW. With this, the company’s global renewables capacity now stands at 16 GW, which includes a pending 49 MW acquisition. The company stated that the award of this project is part of its regular business activities and is not anticipated to significantly impact its earnings per share or net tangible assets per share for the financial year ending December 31, 2024. Additionally, nominations for the ET MSME Awards were announced, with the final date for submissions being November 30, 2024. Interested participants were encouraged to submit entries for any of the 22 award categories for a chance to win a prestigious recognition.

Next Story
Infrastructure Transport

MMRDA Proposes Road Expansion Project in BKC Area

The Mumbai Metropolitan Region Development Authority (MMRDA) has announced its intention to repurpose the underutilized cycle tracks in the Bandra-Kurla Complex (BKC) into additional vehicular lanes. This initiative is designed to increase road capacity and improve traffic flow in one of Mumbai’s busiest commercial centers.Spanning 370 hectares, BKC accommodates around 200,000 employees and nearly 400,000 visitors every day. The recent closure of the Sion bridge has worsened traffic conditions by diverting a large volume of vehicles, including heavy trucks, onto the internal roads of BKC. Th..

Next Story
Infrastructure Transport

Gokhale Bridge Fully Opens in Andheri Boosting East West Connectivity

The Gopal Krishna Gokhale Bridge in Andheri has become fully operational, reinstating an important east-west connection that had been disrupted since its closure in November 2022 due to structural concerns. The reopening of the bridge is expected to ease traffic congestion and improve commute times for residents and travelers in the area.The reconstruction project, overseen by the Brihanmumbai Municipal Corporation (BMC), encountered several challenges, including delays in installing girders and alignment problems with the nearby Barfiwala Flyover. Despite these obstacles, the BMC accelerated ..

Next Story
Infrastructure Transport

Reay Road Bridge Inaugurated to Boost South Mumbai Infrastructure

Mumbai is preparing to unveil a landmark addition to its urban infrastructure with the inauguration of the Reay Road Bridge on May 13, 2025. This new structure represents the city’s first land-based cable-stayed road overbridge, marking a notable achievement in modern engineering. Spanning 385 metres, the six-lane bridge includes separate pedestrian walkways and is designed to improve connectivity between Byculla and Mazgaon, while also easing traffic congestion in the surrounding areas.The project began on February 14, 2022, after the demolition of the century-old British-era bridge it repl..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?