Sembcorp Wins 50 MW RTC Green Power Project from SECI

17 Jun 2025 CW Team

Sembcorp Industries has secured a 50 MW round-the-clock (RTC) renewable energy project from the Solar Energy Corporation of India (SECI), further expanding its clean energy footprint in India.

To fulfil the contract, Sembcorp will integrate around 300 MW of installed capacity, combining solar, wind, and battery energy storage systems (BESS) to ensure reliable RTC power delivery. The company stated that the project would be developed under a build-own-operate model and is expected to be operational within 24 months of signing the power purchase agreement (PPA).

This win was part of SECI’s 1.2 GW tender for RTC power from Inter-State Transmission System-connected renewable projects. SECI acts as the central government’s nodal agency for auctioning and facilitating renewable energy capacity across India.

With this addition, Sembcorp’s total renewable capacity in India has now surpassed 6.5 GW, while its global clean energy portfolio has reached 18 GW, including pending acquisitions.

The project will be financed through a combination of internal accruals and external debt, reflecting Sembcorp’s ongoing commitment to scalable and sustainable energy solutions in line with India’s green transition goals.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..