Sembcorp’s US$1.5b Indian power plant launches full commercial operations

This is its first coal-fired plant in the subcontinent.

Sembcorp Industries’ first coal-fired power plant in India has commenced full commercial operation with the completion of its second 660-megawatt unit.

The project, called Thermal Powertech Corporation India (TPCIL), is worth approximately US$1.5 billion and has a total capacity of 1,320 megawatts.

It has been operating steadily since April 2015 after the completion of its first 660- megawatt unit. is already supplying 500 megawatts to the Andhra Pradesh and Telangana Power Distribution Companies under a 25-year power purchase agreement. 

The company intends to enter into new power purchase agreements in the near future.

Sembcorp owns a 67.4% stake in TPCIL through its wholly-owned subsidiary, Sembcorp Utilities, while Gayatri Energy Ventures, a wholly-owned subsidiary of Gayatri Projects, owns the remaining 32.6%.

Sembcorp is developing its second thermal power project in India: a 1,320-megawatt coalfired power plant that is targeted to complete in 2016 and located adjacent to TPCIL. Sembcorp owns 49% in this second power project.

Sembcorp also owns 64.06% in Sembcorp Green Infra, a renewable energy company in India with more than 700 megawatts of assets in operation and under development. With these three investments, Sembcorp has over 3,300 megawatts of power capacity in India.