Sembcorp Energy arm wins 300MW wind project
With this order, SEIL has bagged a combined capacity of 800MW from the three auctions, which is by far the largest combined capacity won by an independent power producer
New Delhi: Sembcorp Energy India Ltd (SEIL) on Monday said it has been awarded a 300 megawatt (MW) project in the country’s third wind power auction conducted recently.
This is the third consecutive win for the subsidiaries of Sembcorp Green Infra, a wholly-owned arm of SEIL, a company statement said. The nationwide wind power auction was conducted by Solar Energy Corporation of India (SECI).
With this order, SEIL has bagged a combined capacity of 800MW from the three auctions, which is by far the largest combined capacity won by an independent power producer, it added. SECI in a letter of award has confirmed acceptance of SEIL’s final offer and committed to purchase power from the new project.
The project is proposed to be set up in Gujarat. After completion, the project’s entire power output would be sold to SECI under a 25-year power purchase agreement. The project will be connected to India’s Interstate Transmission System and supply power to many states, helping them meet renewable energy requirement.
As of 31 December 2017, SEIL had a total power generation capacity of 4.07GW, comprising 3.57GW of operating capacity and 0.50GW of under construction capacity.
Editor's Picks »
- MakeMyTrip’s attempts to juggle between growth and profitability
- Kerala’s SoS may not have major impact on asset quality of banks
- Subsidy sharing concerns loom for state-run upstream oil firms
- L&T is better off rewarding investors given the poor investment avenues
- Coal India’s share sale plans eclipse bright outlook for FY19