Sembcorp Energy India Ltd. bags 300MW project in the country’s third wind power auction

Sembcorp Energy India Ltd (SEIL) today said it has been awarded a 300-megawatt 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 800 MW 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 December 31, 2017, SEIL had a total power generation capacity of 4.07 GW, comprising 3.57 GW of operating capacity and 0.50 GW of under construction capacity.

Source: PTI


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