In the LOA, NHPC has accepted GIWEL’s final offer and has committed to purchasing power from the project. Upon the project’s completion, its power output will be sold to NHPC under a 25-year long-term power purchase agreement.
Sembcorp Industries, through its wholly-owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL), has received the letter of award (LOA) for a 300MW inter state transmission system connected solar power project from NHPC Limited, bringing its gross renewables portfolio in India to 3.7GW.
The build-own-operate project is part of a 3GW bid issued by NHPC, an enterprise of the government of India and is a premier organisation for the development of hydropower, earlier this year.
