Sembcorp wins wind projects in Tamil Nadu
Sembcorp’s renewable energy business in India has won a bid for a new wind power project of close to 250 megawatts capacity.
According to an official statement, Sembcorp Green Infra received a letter of award for the project following the country’s first national wind power tender, conducted by Solar Energy Corp of India,
The project will be located in Tamil Nadu and connected to the Central Transmission Utility. The project’s entire output will be sold to Power Trading Corporation under a 25-year long-term power purchase agreement.
The project is expected to be developed in phases and fully commissioned in the second half of the financial year ending March 31, 2019. The total project cost is estimated to be around Rs. 1,900 crore (approximately S$405 million). This is expected to be funded through a mix of internal funds and debt, an official statement said.