Sembcorp completes India wind-power project ahead of schedule

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Sembcorp Industries said on Monday that it completed its 250-megawatt SECI 1 wind-power project in Tamil Nadu, in India, ahead of schedule.

The project, which was developed by company’s India power arm, Sembcorp Energy India Ltd. (SEIL), is the first delivery of installed capacity under India’s country-wide wind-power tenders, it said in a filing to SGX before the market open on Monday.

Power from the project will be supplied to the states of Jharkhand, Bihar, Uttar Pradesh and Delhi under a long-term agreement between SEIL and Power Trading Corp., the filing said.

Sembcorp said it was estimated that SECI 1 would provide power to more than 216,000 homes and reduce carbon dioxide emissions by more than 700,000 tonnes a year, based on Indian power sector baseline database information.

“This project reflects the tremendous advances that India’s wind industry has made in ensuring cost effective energy security for India, through new technology, executing massive projects on time, indigenisation, and with greater transparency,” Vipul Tuli, managing director of SEIL, said in the statement.

“This project adds to Sembcorp’s growing renewable energy portfolio worldwide, and strengthens our collective track record in clean energy,” Tuli said.

SEIL’s wholly owned subsidiary Sembcorp Green Infra Ltd. won the project in the first round of wind tenders by Solar Energy Corp. of India (SECI) in April 2017, it said.

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