Sembcorp Lands Second Hybrid Solar-Storage Contract in India’s Energy Push

May 29, 2025 12:40 PM ET
  • Sembcorp Green Infra secures 150-MW solar and 300-MWh battery project from SJVN, its second hybrid award in India, boosting renewables portfolio to 6.3 GW.

Sembcorp Industries’ renewables arm, Sembcorp Green Infra, has clinched a second solar-plus-storage mandate in India, winning a 150-megawatt photovoltaic plant paired with a 300-megawatt-hour battery energy storage system (BESS). The build-own-operate project comes via a Letter of Award from state-run developer SJVN Limited and forms part of SJVN’s 1.2-gigawatt tender for interstate-connected solar assets backed by four-hour batteries.

Under the terms of the award, Sembcorp will sign a 25-year power-purchase agreement with SJVN. Once operational—within 24 months of the PPA’s execution—the hybrid facility will dispatch solar power by day and release stored energy during the evening peak, covering four hours of demand every day. Funding will be arranged through a blend of internal cash and long-tenor debt, the company said.

The new contract follows Sembcorp’s first Indian hybrid win last year and lifts the group’s gross renewables footprint in the country to roughly 6.3 GW, solidifying its position among India’s largest foreign clean-energy players. Globally, Sembcorp now controls or has pending acquisitions totaling 17.7 GW of renewables capacity.

Company executives said the hybrid architecture aligns with India’s push for round-the-clock green power. “Battery storage enables us to smooth solar output and guarantee firm supply when the grid needs it most,” a Sembcorp spokesperson noted, adding that the solution will also bolster frequency regulation and reduce curtailment risks.

Analysts welcomed the win as a sign that hybrid tenders are graduating from pilot phase to mainstream procurement. “Auctions pairing solar with large-scale storage are scaling fast in India, and international developers such as Sembcorp bring capital discipline and technical depth,” said Rohit Mishra, director at consultancy RenewAnalytics.

With regulatory approvals in hand, site selection underway and battery vendors being shortlisted, Sembcorp expects construction to begin soon after financial close. When energized, the plant will generate enough renewable electricity to power about 300,000 Indian homes while delivering flexible capacity to one of the world’s fastest-growing power markets.

The latest award underscores Sembcorp’s strategy of coupling renewables with storage to unlock higher-value contracts—and signals India’s accelerating shift toward cleaner, more resilient energy systems.