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.
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

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

Banihal Bypass Started, Milestone Achieved By NHAI On NH44

The National Highways Authority of India (NHAI) has achieved another milestone on the Jammu-Srinagar four-lane highway after nearly four years of construction. The NHAI has completed the Banihal Bypass, and one side of the bypass was opened for traffic following a post by Union Minister for Road Transport and highways Nitin Gadkari on his official X handle. Traffic has been allowed from Jammu to Srinagar on one tube of the much awaited Banihal bypass.Project head of Banihal bypass from NHAI Kumar Jainendra told Greater Kashmir that the full public cooperation and support from locals was u..

Next Story
Infrastructure Transport

Hyderabad: Rs 70 Bn Sanctioned For Road Infra Works

As part of the Hyderabad City Innovative and Transformative Infrastructure (H-CITI) program the state government sanctioned Rs 70 billion for 38 works, including the construction of flyovers, underpasses, and road-over-bridges (ROB) to ease the traffic in various parts of Hyderabad and its nearby municipalities. As part of the Strategic Road Development Programme (SRDP) initiated by the previous BRS government, several flyovers and road infrastructure projects were taken up mostly under the limits of the Greater Hyderabad Municipal Corporation (GHMC). Out of the 42 works under SRDP, 36 projec..

Next Story
Infrastructure Transport

India's Second Cable-Stayed Bridge to Be Built In Howrah

Eastern Railways is set to construct India’s second cable-stayed steel deck bridge in Howrah, aimed at easing traffic congestion on the Howrah Bridge. The new bridge will span the existing GT Road route, linking Howrah Station with the Howrah Bridge. The new structure is a response to the rising volume of vehicular traffic, which has been placing significant strain on the 75-year-old Howrah Bridge, leading to regular traffic jams and delays.The new cable-stayed bridge will feature a four-lane design and will measure 134 m in length, an expansion from the existing 60 meters of the Chandmari B..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000