Sembcorp Industries (Sembcorp), through its wholly owned renewables subsidiary, Sembcorp Green Infra, has received a Letter of Award from SJVN Ltd for a 150 MW solar power project with a 300 MWh battery energy storage system (BESS).
This build-own-operate project is part of SJVN’s 1.2GW tender for inter state transmission system-connected solar projects with 600 MW/2.4 GWh of BESS capacity.
Subject to the execution of a 25-year power purchase agreement (PPA) with SJVN, the project, upon completion, will supply solar power and support peak electricity demand for four hours daily through the BESS.
Commercial operations are expected to begin within 24 months from the date of signing the PPA.
“The project will be funded through a mixture of internal funds and debt,” stated Sembcorp. “This is Sembcorp’s second solar-energy storage hybrid project in India, increasing Sembcorp’s gross renewables capacity in India to 6.3 GW. Globally, Sembcorp’s total renewables portfolio has reached 17.7 GW, including acquisitions pending completion.”
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