Sembcorp commissions wind projects on time

With this, Sembcorp has earned the distinction of being the first to fully commission all projects awarded in the first three rounds of auctions conducted by SECI on behalf of the Ministry of New and Renewable Energy. SEIL, which is part of the Sembcorp Group - a USD 23 billion energy, marine, and urban development global conglomerate headquartered in Singapore, has a balanced portfolio of 4/3 GW of thermal and renewable energy assets across seven states in India..

Singapore-headquartered Sembcorp's India arm on Wednesday announced the completion of 800 MW of wind power projects to become the first company to complete all the projects won under bidding conducted by SECI. "We have met our promise to commission on time all the three projects won under the three bid rounds conducted by the Solar Energy Corporation of India (SECI)," said Vipul Tuli, Managing Director, Sembcorp Energy India.

This brings the total renewable energy capacity Sembcorp has in India to 1,730 MW. Sembcorp invested about Rs 5,500 crore in setting up a 249.9 MW wind energy farm at Tuticorin in Tamil Nadu and two projects totalling 550 MW in Bhuj in Gujarat, he said.

"The projects span an area of 2,600 square kilometers which is one-and-half-times the size of Delhi," he said. He said the company had won the Tuticorin project by offering a tariff of Rs 3.50 per unit. It won a 250 MW project at Bhuj in the second round of SECI, offering Rs 2.65 a unit price. In the latest auction, it won a 300 MW project in Bhuj by offering a tariff of Rs 2.44.

The company is confident of meeting all its obligations, he said. "We do not take speculative calls on tariffs. We offer only when we know we can meet the promise." Tuli, however, said the company is not looking at expanding its thermal power plant portfolio, which currently stands at 2,640 MW. "With the full commissioning of the 300 MW SECI-3 wind project, Sembcorp has become the first independent power producer to fully commission its projects awarded in the first three wind auctions held by the SECI," he said.

Sembcorp Energy India is a leading independent power producer (IPP) in India. With this, Sembcorp has earned the distinction of being the first to fully commission all projects awarded in the first three rounds of auctions conducted by SECI on behalf of the Ministry of New and Renewable Energy.

SEIL, which is part of the Sembcorp Group - a USD 23 billion energy, marine, and urban development global conglomerate headquartered in Singapore, has a balanced portfolio of 4/3 GW of thermal and renewable energy assets across seven states in India..

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)