Under the project, Sembcorp will install about 750MW comprising solar and battery energy storage systems (BESS) to meet the contracted capacity. Subject to the execution of a 25-year power purchase agreement with SJVN, the project is expected to achieve commercial operation within 24 months of signing and will be funded through a mix of internal funds and debt.
Sembcorp, through its wholly-owned renewables subsidiary, Sembcorp Green Infra Private Limited, has been awarded a 150MW firm and dispatchable renewable energy (FDRE) power project by SJVN Limited.
The build-own-operate project is part of SJVN’s 6,000MWh (1,500MW x four hours) tender for assured peak power from Inter-State Transmission System- connected renewable energy projects integrated with energy storage systems.
