Singapore-based Sembcorp is looking at acquisitions of solar and wind energy projects in India as it chases a strategic goal to shift its portfolio. Sembcorp, which has invested about SingaporeContinue Reading
Singapore-based Sembcorp Industries on Wednesday said it has signed an agreement to acquire the remaining near 6 per cent stake of its local partner Gayatri Energy Venture Pte Ltd inContinue Reading
Sembcorp Industries has increased its equity stake in its India arm Sembcorp Energy India (SEIL) from 93.73% to 94.05%. The company has infused ₹5.169 billion into SEIL to support theContinue Reading
India has awarded some of the world’s lowest green energy tariffs and became the biggest auctioneer of solar and wind capacity last year, according to Bloomberg NEF. But the delaysContinue Reading
Singapore-based Sembcorp Industries’ India arm Sembcorp Energy India (SEIL) swung back into black in 2018, reporting an annual profit of Singapore dollar (SGD) 47 million (about Rs 247 crore). SEILContinue Reading
International interest in Indian renewable energy companies has been rekindled with at least three large groups looking to acquire a stake in Hero Future Energies, a large privately-owned renewable energyContinue Reading
Sembcorp Industries (Sembcorp) has signed a long-term solar energy deal with US-based social media company Facebook. Under this deal, Sembcorp will provide renewable power to support Facebook’s recently announced 1,70,000Continue Reading
Sembcorp Energy India, an independent power producer has got Sebi’s go ahead to float an initial public offer (IPO). Sembcorp Energy had approached the regulator in February seeking its clearanceContinue Reading
