Sembcorp Green Infra Private Limited, a wholly owned subsidiary of Sembcorp Industries, has received a letter of award (LoA) from NTPC Limited for a 300 MW wind-solar hybrid power project under the inter-state transmission system segment.
The project is a part of a 1.2 GW bid and will follow a build-own-operate model. The project will supply electricity to NTPC under a 25-year long-term power purchase agreement (PPA) once signed. It is expected to become operational within 24 months of signing the PPA and will be funded through a mix of internal funds and debt.