Sembcorp to develop 440 MW wind-solar hybrid project in India
India’s SJVN issued the bidding for the project.
Sembcorp Industries, through its subsidiary Green Infra Wind Energy Limited, secured a letter of award to develop a 440-megawatt (MW) Inter State Transmission-connected wind-solar hybrid project from SJVN Limited.
In a disclosure, Sembcorp said the power generated from the project will be sold to SJVN under a 25-year power purchase agreement.
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The project is also expected to start operations within 24 months from the signing of the power purchase deal, supported by internal funds and debts.
Sembcorp added that the build-own-operate project is part of SJVN’s 1.5 gigawatts (GW) bid issued in September 2023.
Sembcorp has acquired and been awarded 1.4 GW greenfield and brownfield projects in India as of November 2023.