Sembcorp Industries to Build 300MW Hybrid Power Project in India

MT Newswires

2024-11-26

Sembcorp Industries (SGX:U96) through its wholly owned subsidiary, Sembcorp Green Infra, received a letter of award for a 300MW Inter State Transmission System connected wind-solar hybrid power project from NTPC (NSE:NTPC, BOM:532555), according to a filing with the Singapore Exchange on Tuesday.

The project is part of a 1.2GW bid floated by NTPC and will be sold to it under a 25-year term power purchase agreement.

Following the award, Sembcorp's gross renewables capacity in India will rise to 5.4GW.

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