In separate deals, two firms were awarded wind projects for the country of India.
Singapore-based Sembcorp Industries (SEIL) has won a 300-megawatt wind project in India’s third wind power auction, conducted by Solar Energy Corporation of India (SECI).
This is the third consecutive win for the subsidiaries of Sembcorp Green Infra, a wholly owned arm of SEIL, totaling 800 megawatts.
The project is proposed to be set up in Gujarat. After completion, the project’s entire power output would be sold to SECI under a 25-year power purchase agreement.
And Indian state-owned cross-border power trading arm National Thermal Power Corp. also won a contract for supplying 300 megawatts electricity to Bangladesh for 15 years.
The supply of power is expected to start from June this year after commissioning of 500-megawatts of high-voltage direct current inter connection between India and Bangladesh
In other news, National Thermal Power Corp. has bid for a 500-megwatt solar power plant tendered by the Oman Power and Water Procurement Company, which will be located in Ibri, a city in Oman, Africa.
The tendered project will be the Oman’s first large utility-scale PV independent power project.
India has a target to have 60 gigawatts of wind energy capacity installed by March 2022 and has announced a very aggressive auction timeline. SECI plans to auction 10 gigawatts of capacity each in FY2018-19 and FY2019-20. India’s current installed wind energy capacity stands at 32.8 gigawatts as of Jan. 31, 2018. Since February 2017, 4.9 gigawatts of capacity has been auctioned by SECI and two states.
India opened the auctions market for wind energy a year ago.
