Oct 8, 2018
India
- First reverse auction wind power project in India to achieve completion
- Set to light up more than 216,000 homes and reduce CO2 emissions by over 700,000 tonnes per annum
Sembcorp Industries is pleased to announce the completion of the SECI 1 wind power project in Tamil Nadu, developed by the Group’s India power arm, Sembcorp Energy India Limited (SEIL). Completed ahead of schedule, the 250-megawatt SECI 1 project marks the first delivery of installed capacity awarded under India’s nationwide wind power tenders. The project was dedicated to the nation by India’s Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, last Friday at the 2nd Global RE-INVEST Summit in New Delhi.
Located in Chandragiri in Tamil Nadu, SECI 1 consists of 119 units of 2.1-megawatt S111-120m wind turbine generators. SEIL’s fully-owned subsidiary Sembcorp Green Infra Limited had won the project in the first round of wind tenders conducted by the Solar Energy Corporation of India (SECI) on behalf of India’s Ministry of New and Renewable Energy (MNRE) in April 2017. The project’s entire capacity was completed ahead of SECI timelines.
Power generated from the project will be supplied to the states of Jharkhand, Bihar, Uttar Pradesh and Delhi, under a long-term power purchase agreement between SEIL and Power Trading Corporation. It is estimated that SECI 1 will light up more than 216,000 homes and reduce CO2 emissions by over 700,000 tonnes1 per annum.
Vipul Tuli, Managing Director, Sembcorp Energy India Limited, said, “The successful completion of the Chandragiri wind power project is an important milestone in Sembcorp’s journey towards providing energy to support India’s continued development and prosperity. It is a moment of pride for us to be able to deliver the entire project ahead of the SECI timelines. This project adds to Sembcorp’s growing renewable energy portfolio worldwide, and strengthens our collective track record in clean energy.
Not only is this a happy day for Sembcorp, but also for the Indian energy sector. This project reflects the tremendous advances that India’s wind industry has made in ensuring cost effective energy security for India, through new technology, executing massive projects on time, indigenisation, and with greater transparency.”
1 Calculated based on assuming a plant load factor (PLF) of 35% and using the combined margin from Central Electricity Authority (CEA): Baseline Database for Indian Power Sector, version 8.
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