Sembcorp Energy India

Sembcorp Energy India Limited (SEIL)[1] is a leading independent power producer (IPP) in India. Formerly known as Thermal Powertech Corporation India Limited, SEIL owns 100% of both Sembcorp Gayatri Power Limited and Sembcorp Green Infra Limited.

Sembcorp Energy India
TypePublic
IndustryRenewable Energy
Founded2008 New Delhi, India
HeadquartersGurgaon, India
Key people
Vipul Tuli, Managing Director
ParentSembcorp Industries

Overview

Sembcorp Energy India Ltd. (SEIL) is an independent power company in India. Sembcorp has a track record of identifying, developing[2] and operating power generation assets across the thermal and renewable power sectors in India. It has a portfolio of thermal and renewable energy assets totalling approx. 4.77 gigawatts capacity in operation and under construction across multiple states in India.[3]

Sembcorp Energy India Limited is part of the Sembcorp Industries (SCI)[4] Group. Sembcorp has a balanced energy portfolio of over 12,700MW, with more than 3,200MW of renewable energy capacity comprising solar, wind and energy storage globally. Sembcorp also has been putting up urban developments, with a project portfolio spanning over 11,000 hectares across Asia. Listed on the main board of the Singapore Exchange, SCI is a component stock of the Straits Times Index, several MSCI and FTSE indices, as well as the SGX Sustainability Leaders Index and the Dow Jones Sustainability Asia Pacific Index.

Sembcorp Green Infra

Sembcorp Green Infra is a renewable energy company that generates power and currently operating in India. Sembcorp Green Infra is a wholly owned subsidiary of Sembcorp Energy India Limited.[5]

In 2015, Sembcorp acquired a majority stake in one of India's leading renewable energy firms, since renamed Sembcorp Green Infra. In August 2017, Sembcorp entered into an agreement to acquire IDFC Private Equity Fund III's remaining stake in Sembcorp Green Infra.[5]

As of 2020 Sembcorp Green Infra's business consists of more than 2100 megawatts of wind and solar power assets in operation and under development in seven states across the southern, western and central regions of India. It includes 35 wind energy and 4 solar energy assets.[6][7]

Sembcorp holds the distinction of being the first independent power producer to complete a SECI auction wind power project ahead of schedule, and as on date has the largest generating capacity commissioned from SECI wind auctions.[8] The company also has a self-operating capacity of more than 600 MW, the largest with any independent power producer in the renewable sector in India.[9]

See also

References
  1. "corporate website". www.sembcorpenergyindia.com.
  2. "Press release" (PDF). www.sembcorpenergyindia.com. 2018. Retrieved 5 October 2019.
  3. "Sembcorp - Board of Directors". Sembcorpenergyindia.com. Retrieved 5 October 2019.
  4. "Sembcorp Group".
  5. "SEMBCORP TO INCREASE ITS STAKE IN INDIA RENEWABLE ENERGY BUSINESS TO 100%" (PDF). sembcorpenergyindia.comf.
  6. "India Power Business Overview". Sembcorp. Retrieved 18 September 2018.
  7. "Sembcorp Energy India wins 400 MW solar power project".
  8. "Sembcorp Energy Commissions 800 MW of Wind Projects".
  9. "Sembcorp commissions 200 MW wind power project in Bhuj, sees rise in profitability - The Economic Times". Economictimes.indiatimes.com. 16 August 2019. Retrieved 5 October 2019.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.