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Sembcorp Arm Bags 300 MW Solar Project From NHPC
The build-own-operate project is part of a 3 GW bid issued by NHPC earlier this year.
![<div class="paragraphs"><p>A solar park. (Photo: Unsplash)</p></div>](https://media.assettype.com/bloombergquint%2F2022-08%2Fcf6b7f38-ef72-4c72-af72-3d753228899d%2Famerican_public_power_association_fm5_vCUa_Bc_unsplash.jpg?rect=0%2C65%2C2100%2C1181&auto=format%2Ccompress&w=200)
A solar park. (Photo: Unsplash)
Sembcorp Industries' subsidiary Green Infra Wind Energy Ltd. has bagged a 300 MW solar project from NHPC.
Sembcorp, through GIWEL, has received a letter of award for a 300 MW Inter-State Transmission System connected solar power project from NHPC.
The build-own-operate project is part of a 3 GW bid issued by NHPC earlier this year, a statement said.
Upon completion of the project, the power output will be sold to NHPC under a 25-year power purchase agreement.
The project is expected to be ready for commercial operation in 2026, and will be funded through a mix of internal funds and debt.
This brings Sembcorp’s gross renewables capacity globally to 13 GW, including 473 MW of acquisitions pending completion.
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