Sembcorp Green Infra: Powering Sustainable Green Solutions in India

In a move to combat climate change, India had pledged its commitment to curbing rising carbon levels at the 2015 United Nations Climate Change Conference (COP21). Part of this effort is a nationwide drive to double India’s wind power capacity and increase its solar power capabilities by almost five-fold by 2022.

These developments have reaffirmed Sembcorp’s commitment to providing the country with sustainable green energy solutions.

In 2015, Sembcorp acquired a majority stake in one of India’s leading renewable energy firms, since renamed Sembcorp Green Infra. We now have close to 1,200 megawatts of wind and solar power assets in operation and under development located in the renewable resource-rich southern, western and central regions of India.

With the acquisition of Sembcorp Green Infra, our Group’s global renewable energy portfolio now includes wind, solar, energy-from-waste and biomass power assets. More importantly, it has also elevated our status as a leading renewable energy player in India and allows us to build on the immense opportunities in the renewable energy sector in the country. With a strong pipeline of projects, the renewable energy business presents a new engine for growth for the Group.

Sembcorp owns 72% of Sembcorp Green Infra, while the remaining is held by IDFC Private Equity Fund III, which is managed by IDFC Alternatives.

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