Sembcorp Wins 300 MW Wind-Solar Hybrid Project from NTPC

03 Dec 2024 CW Team

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.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..