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Sembcorp completes $180M purchase of a 300 MW Indian solar project, expanding its renewable energy portfolio.
Sembcorp Industries has completed its acquisition of a 300 MW solar project in Rajasthan, India, for SGD 246 million, securing full ownership of ReNew Sun Bright.
The facility, operational since November 2021, supplies power under a 25-year agreement with Maharashtra State Electricity Distribution Co. Ltd.
The deal expands Sembcorp’s renewable capacity in India to over 7.6 GW and boosts its global renewables portfolio to 20.2 GW.
The company aims to reach 25 GW of renewable capacity by 2028 and maintain low carbon intensity.
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Sembcorp completa la compra de $180M de un proyecto solar indio de 300 MW, expandiendo su cartera de energía renovable.