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Sembcorp's India power arm wins 250MW tender

Annabeth Leow

Published Mon, Aug 20, 2018 · 09:50 PM

Singapore

SEMBCORP Industries' India power arm, tipped by the market as a potential initial public offering candidate, has snagged a deal to supply power to neighbouring Bangladesh.

A unit of 93.73 per cent-owned Sembcorp Energy India Ltd (SEIL) is set to supply 250 megawatts of power over 15 years, after winning a tender by the Bangladesh Power Development Board, said Sembcorp on Monday.

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