Sembcorp starts full operation of its power plant in AP

Singapore-based Sembcorp Industries' first thermal power plant in India has commenced full commercial operation with the completion of its second 660-megawatt unit in Andhra Pradesh.
Thermal Powertech Corporation India (TPCIL) in the coastal town of Krishnapatnam in Nellore district has a total capacity of 1,320 megawatts and has been operating steadily since April 2015 after the completion of its first 660-megawatt unit.
The USD 1.5 billion power plant comprises two units of 660 MW each and is already supplying 500 megawatts to 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.

Tang Kin Fei, Group President and CEO of Sembcorp, said, "The successful completion of our first coal-fired power plant investment in India is a significant milestone for Sembcorp. It demonstrates our strong capabilities in developing and executing large-scale green-field projects.
"We now look forward to the completion of our second coal-fired power plant in Andhra Pradesh, which is expected in 2016. When fully operational, our two thermal power plants will generate a total of 2,640 megawatts of gross capacity. This will help to meet the increasing power demand in India and particularly the southern states," said Tang.

Sembcorp owns a 67.4 per cent 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 per cent.

Sembcorp is developing its second thermal power project in India: a 1,320-megawatt coal-fired power plant that is targeted to complete in 2016 and located adjacent to TPCIL. It owns 49 per cent in the second power project.
The company also owns 64.06 per cent 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.