Sembcorp

TCMPL will design all the elements of the facility by providing highly specialised engineering services

Sembcorp's India unit has filed a suit in a Bengaluru court to stop Siemens Gamesa from selling country business before settling an arbitration arising from alleged default in executing a contract. In its filing before the Principal City Civil and Sessions Judge at Bengaluru, Sembcorp sought injunction over sale of the India assets of Siemens Gamesa, including its shareholding. The court issued notices to Siemens Gamesa, court documents showed. Sembcorp's India arm has filed a suit against Siemens Gamesa and its parent entity, Siemens Energy AG. Siemens Energy AG has reportedly put its India subsidiary Siemens Gamesa Renewable Energy's entire India manufacturing, maintenance and services business in renewables up for sale. This is effectively seen as a country exit for Siemens Gamesa. Considering these material events and information, which lead to reasonable apprehension regarding the continued operation of the Siemens Gamesa as a going concern, Sembcorp filed an injunction petit

The agreement will also expand Sembcorp's footprint in India where it already has a gross renewable portfolio of 3.7 giga-watts (GW), it added

Construction materials giant Saint-Gobain has signed a long-term renewable power supply deal with Singapore-listed Sembcorp for its manufacturing facilities in southern Tamil Nadu state

The company said net proceeds from the SLB will be used for the purposes of financing the general corporate working capital requirements of Sembcorp and its subsidiaries

Sembcorp firm Green Infra Wind Energy, ReNew Naveen Urja, Adani Renewables Holdings Fifteen and Anupavam Renewables have emerged as the lowest bidders in an auction for 1,200 MW wind energy projects

The firm is aiming to have a gross installed renewable energy capacity of 10 Gw by 2025

Interview with Vipul Tuli on India's energy sector and the challenges ahead

The company has shifted its focus towards green energy and recently commissioned 800 megawatt of wind power projects

The purchase price for the shares is about Rs 406 crore in cash, and is based on discounted cash flows and relevant transaction multiples

Sembcorp commissioned 200 MW out of 550 MW of the SECI 2 and SECI 3 wind power projects

Sembcorp Industries big push in India is 2,640-megawatt Sembcorp Gayatri Power Complex in Andhra Pradesh

Company already owns and operates one of the two super critical coal-fired power plants in 2,640-Mw Sembcorp Gayatri Power Complex in Krishnapatnam

Q&A with Sembcorp's management team - Tang Kin Fei, group president & CEO, Tan Cheng Guan, executive vice president & head group business development and commercial, Koh Chiap Khiong, group CFO and Vipul Tuli CEO and Country Head (India)