+
Sembcorp wins 300MW wind-solar hybrid project from NTPC
POWER & RENEWABLE ENERGY

Sembcorp wins 300MW wind-solar hybrid project from NTPC

Sembcorp Industries, through its wholly owned subsidiary Sembcorp Green Infra Private Limited, has bagged a 300MW Inter-State Transmission System (ISTS) connected wind-solar hybrid power project from NTPC Limited. The project, part of NTPC’s 1.2GW bid, will be executed under a build-own-operate model.

The power generated from the project will be supplied to NTPC under a 25-year power purchase agreement (PPA), which is yet to be signed. The project is expected to commence commercial operations within 24 months of the PPA signing and will be funded through a mix of internal resources and debt. With the latest award, Sembcorp has secured close to 2GW in greenfield renewable energy projects in India since November 2023, taking its total gross renewable capacity in the country to 5.4GW.

Globally, Sembcorp’s renewable energy portfolio now stands at 16GW, including a 49MW acquisition pending completion. The company stated that the project award is in the normal course of business and is not expected to materially impact its earnings per share or net tangible assets per share for the financial year ending December 31, 2024.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Sembcorp Industries, through its wholly owned subsidiary Sembcorp Green Infra Private Limited, has bagged a 300MW Inter-State Transmission System (ISTS) connected wind-solar hybrid power project from NTPC Limited. The project, part of NTPC’s 1.2GW bid, will be executed under a build-own-operate model.The power generated from the project will be supplied to NTPC under a 25-year power purchase agreement (PPA), which is yet to be signed. The project is expected to commence commercial operations within 24 months of the PPA signing and will be funded through a mix of internal resources and debt. With the latest award, Sembcorp has secured close to 2GW in greenfield renewable energy projects in India since November 2023, taking its total gross renewable capacity in the country to 5.4GW.Globally, Sembcorp’s renewable energy portfolio now stands at 16GW, including a 49MW acquisition pending completion. The company stated that the project award is in the normal course of business and is not expected to materially impact its earnings per share or net tangible assets per share for the financial year ending December 31, 2024.

Next Story
Infrastructure Transport

68 Jammu-Katra Trains Cancelled Amid Rain Damage

Jammu and Katra railway services remain severely affected as Northern Railway announced the cancellation of 68 trains—both incoming and outgoing—until 30 September, due to extensive track damage caused by heavy rains and flash floods. Meanwhile, 24 trains are scheduled to resume operations gradually.The Jammu railway division has experienced a complete halt in services for the past eight days, following track misalignment and breaches at several points along the Pathankot–Jammu section. Torrential rainfall since 26 August led to widespread flooding and damage, stranding hundreds of passe..

Next Story
Infrastructure Transport

Bangalore Metro MD Reviews Reach 6 and Phase 2A Progress

Bangalore Metro Rail Corporation Limited (BMRCL) Managing Director, Dr J Ravishankar, IAS, conducted inspections of key metro corridors on 29 and 30 August, reviewing the progress of Reach 6 (Pink Line) and Phase 2A (Blue Line).On 30 August, the inspection covered Reach 6, a 21.39-km corridor stretching from Kalena Agrahara to Nagawara, with 18 stations. This stretch is part of Phase 2 of the Bangalore Metro project. Dr Ravishankar assessed the status of civil works, finishing, track laying, and system integration between Kalena Agrahara and MG Road.Earlier, on 29 August, the MD inspected Phas..

Next Story
Infrastructure Urban

Kerala Spends Rs 200 Billion During Onam Celebrations

The Kerala state government incurred expenditure totalling Rs 200 billion during the recent Onam season, covering regular financial obligations such as salaries and pensions, as well as festival-related allowances and subsidies, according to Finance Minister K N Balagopal.Of the total spend, Rs 121 billion was allocated towards salaries, pensions, bonuses, and festival allowances for government employees and pensioners. A further Rs 18 billion was disbursed as welfare pensions benefiting 6.2 million recipients, helping households manage festive costs.Food Kits and Festival AllowancesTo support..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?