Sembcorp gets LoA for solar and wind hybrid project
Singapore-based firm Sembcorp Industries has received the Letter of Award (LoA) for a 300MW inter-state transmission system (ISTS) wind-solar hybrid power project from NTPC. The power generated by the project will be sold to NTPC under a 25-year power purchase agreement (PPA).
As per updates, the project would be financed through a combination of internal funds and debt. The project is part of a 3GW bid issued by the Indian government-run hydropower producer earlier in the year.
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