Sembcorp Energy India

Sembcorp Energy India Limited (SEIL)[1] is a leading independent power producer (IPP) in India. Formerly known as Thermal Powertech Corporation India Limited, SEIL owns 100% of both Sembcorp Gayatri Power Limited and Sembcorp Green Infra Limited.

Sembcorp Energy India
Public
IndustryRenewable Energy
Founded2008 New Delhi, India
HeadquartersGurgaon, India
Key people
Vipul Tuli, Managing Director
ParentSembcorp Industries
Websitehttp://www.sembcorpenergyindia.com

Overview

Sembcorp Energy India Ltd. (SEIL) is a leading independent power company in India, delivering cleaner, affordable and sustainable energy. Sembcorp has a successful track record of identifying, developing[2] and operating power generation assets across the thermal and renewable power sectors in India. It has a balanced portfolio of thermal and renewable energy assets totalling approx. 4.37 gigawatts capacity in operation and under construction across multiple states in India. SEIL is led by a strong management team with extensive experience and a successful track record of identifying, developing and operating power generation assets across the thermal and renewable power sectors in India.[3]

Sembcorp Energy India Limited is part of the Sembcorp Industries (SCI)[4] Group. SCI is a leading energy, urban development and marine group, operating across multiple markets worldwide. As an integrated energy player, Sembcorp is poised to benefit from the global energy transition. In addition, Sembcorp is a world leader in offshore and marine engineering, as well as an established brand name in urban development.[5] Sembcorp Industries has total assets of over S$24 billion and over 7,000 employees. Listed on the main board of the Singapore Exchange, SCI is a component stock of the Straits Times Index, several MSCI and FTSE indices, as well as the SGX Sustainability Leaders Index and the Dow Jones Sustainability Asia Pacific Index.

Sembcorp Green Infra

Sembcorp Green Infra is a renewable energy company that generates power and currently operating in India. Sembcorp Green Infra is a wholly owned subsidiary of Sembcorp Energy India Limited.[6]

In 2015, Sembcorp acquired a majority stake in one of India’s leading renewable energy firms, since renamed Sembcorp Green Infra. In August 2017, Sembcorp entered into an agreement to acquire IDFC Private Equity Fund III’s remaining stake in Sembcorp Green Infra.[6]

As of 2019 Sembcorp Green Infra's business consists of more than 1700 megawatts of wind and solar power assets in operation and under development in seven states across the southern, western and central regions of India. It includes 35 wind energy and 3 solar energy assets.[7]

Sembcorp holds the distinction of being the first independent power producer to complete a SECI auction wind power project ahead of schedule, and as on date has the largest generating capacity commissioned from SECI wind auctions. The company also has a self-operating capacity of more than 600 MW, the largest with any independent power producer in the renewable sector in India.[8]

See also

References
  1. "corporate website". www.sembcorpenergyindia.com.
  2. "Press release" (PDF). www.sembcorpenergyindia.com. 2018. Retrieved 5 October 2019.
  3. "Sembcorp - Board of Directors". Sembcorpenergyindia.com. Retrieved 5 October 2019.
  4. "Sembcorp Group".
  5. "Home". Sembcorp. 10 June 2019. Retrieved 5 October 2019.
  6. "SEMBCORP TO INCREASE ITS STAKE IN INDIA RENEWABLE ENERGY BUSINESS TO 100%" (PDF). sembcorpenergyindia.comf.
  7. "India Power Business Overview". Sembcorp. Retrieved 18 September 2018.
  8. "Sembcorp commissions 200 MW wind power project in Bhuj, sees rise in profitability - The Economic Times". Economictimes.indiatimes.com. 16 August 2019. Retrieved 5 October 2019.
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