Overview

• The award covers a 150 MW solar plant paired with a 300 MWh battery energy storage system under SJVN’s 1.2 GW ISTS-connected solar tender.
• Once operational, the hybrid facility will deliver four hours of solar power daily to meet peak electricity demand.
• Commercial operations are slated to begin within 24 months of signing the power purchase agreement.
• The project will be funded through a mix of internal capital and debt, with no expected material impact on Sembcorp’s FY2025 earnings per share.
• As Sembcorp’s second solar-storage hybrid venture in India, the deal raises its domestic renewables capacity to 6.3 GW and its global portfolio to 17.7 GW.