Sembcorp Industries, through its wholly owned renewable energy arm, Sembcorp Green Infra Private Limited (SGIPL), has won its first 50 MW round-the-clock (RTC) power project in India. The project was awarded by the Solar Energy Corporation of India Ltd (SECI) as part of a larger 1.2 GW tender for RTC power from renewable energy sources connected to the interstate transmission network.
To fulfill the contract, Sembcorp will deploy a combination of solar, wind, and battery energy storage systems (BESS) with a combined installed capacity of around 300 MW. This integrated approach will ensure uninterrupted power delivery throughout the day and night, enhancing reliability for SECI’s offtake.
The project reinforces Sembcorp’s commitment to expanding its renewable footprint in India, pushing its total renewable capacity in the country to over 6.5 GW. Globally, Sembcorp’s renewables portfolio now stands at approximately 18.0 GW, including pending acquisitions.
Upon the finalization of a 25-year power purchase agreement with SECI, the project will begin supplying renewable energy on a continuous basis, supported by advanced energy storage. The system is expected to be operational within 24 months from the date of signing the agreement and will be financed using a combination of internal resources and external debt.
The project is not expected to have a significant impact on Sembcorp’s earnings per share or net tangible assets for the financial year ending December 31, 2025. Headquartered in Singapore, the company delivers innovative and sustainable solutions by harnessing deep sector expertise and a proven international track record. Sembcorp maintains a well-balanced energy portfolio totaling 25.1 gigawatts (GW), of which 17.0 GW is dedicated to renewable energy. Its operations span 11 countries, reinforcing its commitment to building a cleaner and more resilient energy future.
In addition to its energy business, Sembcorp has made significant strides in urban development, with projects covering nearly 14,800 hectares across Asia. These initiatives have collectively created over 414,000 jobs and attracted close to US$58 billion in investment capital. Listed on the main board of the Singapore Exchange, Sembcorp is recognized in major indices such as the FTSE Russell Index, MSCI Singapore Index, and Straits Times Index. It is also included in multiple sustainability benchmarks, including the FTSE4Good Index, iEdge SG ESG indices, and several MSCI ESG indices—reflecting its strong environmental, social, and governance (ESG) performance.
