Sembcorp Energy wins solar power project in India from SECI auction

11 January 2021 (Last Updated January 11th, 2021 11:10)

Sembcorp Green Infra has won a development contract for a 400MW solar power project from the Solar Energy Corporation of India (SECI).

Sembcorp Energy wins solar power project in India from SECI auction
Sembcorp Green Infra will develop the 400MW solar project in the Indian state of Rajasthan. Credit: Jadon Kelly on Unsplash.

Sembcorp Green Infra has won a development contract for a 400MW solar power project from the Solar Energy Corporation of India (SECI).

The subsidiary of Sembcorp Energy India (SEIL) said that it has received a letter of award from SECI for the project in the Indian state of Rajasthan.

The solar project will start operations in mid-2022 and will use a combination of internal funds and debt to finance construction. Energy from the solar facility will supply SECI under a 25-year long-term power purchase agreement.

Once operational, the facility will connect to the state’s transmission utility Rajasthan Rajya Vidyut Prasaran Nigam.

By securing the solar project, Sembcorp has increased its renewables portfolio to more than 3GW in operation and development across Singapore, China and India.

Sembcorp Industries Group president and CEO Wong Kim Yin said: “Sembcorp is committed to providing sustainable solutions. We are pleased to secure the 400MW utility scale solar project in Rajasthan, another step towards transforming our portfolio.

“Sembcorp has an established track record in delivering world-class power projects. This is backed by our strong capabilities in development, execution and operations. India is a key market and we will continue to provide sustainable solutions to contribute to the nation’s clean energy mission.”

SEIL is the first independent power producer to commission 800MW of wind projects awarded from three earlier SECI bids.

Last May, Sembcorp Industries secured a contract to build a 60MW floating solar photovoltaic system in Singapore.