The company has created portfolio of self-operated generation capacity instead of outsourcing it. According to Tuli, around 600 MW of the company’s installed capacity is self-operated. “With some of the OEMs under stress, it is good have own control,” he said.
As far as wind projects are concerned, both its Gujarat farms are connected to Interstate Transmission System and the power generated will be supplied to multiple states, helping them meet their renewable energy requirements. Under long term Power Purchase Agreements (PPA) between Sembcorp and Power Trading Corporation (PTC), power generated from its SECI 2 project will be supplied to Assam, Jharkhand and Odisha, and power from SECI 3 to Bihar and Punjab.
Combined with the 250-megawatt SECI 1 project completed in October 2018, SEIL is now generating more than 450 megawatts of renewable energy from its three SECI projects.
Formerly known as Thermal Powertech Corporation India Limited, SEIL owns 100% of both Sembcorp Gayatri Power Limited and Sembcorp Green Infra Limited.
Sembcorp, which is into water treatment business in Singapore, is also looking at water projects in India after the NDA government’s renewed focus on the sector. “Our capabilities are quiet strong. As these projects come we will focus on them but viability and sustainability of projects will be important,” said Tuli.
The India arm is part of the Sembcorp Industries (SCI) Group which is a leading utilities, marine and urban development group of Singapore having total assets of over S$22 billion.