Sembcorp Industries' subsidiary Green Infra Wind Energy Ltd (GIWEL) has secured a 300 MW solar project from NHPC, adding to its global renewables portfolio.
New Delhi, Dec 14 (PTI) Sembcorp Industries' subsidiary Green Infra Wind Energy Ltd (GIWEL) has bagged a 300 MW solar project from NHPC.
Sembcorp, through GIWEL, has received a Letter of Award (LoA) for a 300 MW Inter-State Transmission System connected solar power project from NHPC.
The build-own-operate project is part of a 3 GW bid issued by NHPC earlier this year, a statement said.
Upon completion of the project, the power output will be sold to NHPC under a 25-year power purchase agreement.
The project is expected to be ready for commercial operation in 2026, and will be funded through a mix of internal funds and debt.
This brings Sembcorp's gross renewables capacity globally to 13 GW, including 473 MW of acquisitions pending completion.
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