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SINGAPORE: SembCorp Industries secured separate power deals in India and the UK

(EnergyAsia, April 23 2013, Tuesday) — Singapore-listed energy and utilities company Sembcorp Industries said its subsidiaries have recently concluded two power deals in India and the UK.

The company’s jointly owned Thermal Powertech Corp India has secured a 25-year agreement to supply a total of 500MW of electricity to four power companies owned by the Andhra Pradesh state government.

Sembcorp said it will supply the electricity to the Central, Eastern, Southern and Northern Power Distribution Companies (APDC) from a 1,320MW coal-fired power plant in Krishnapatnam that will help the state close a power deficit running as high as 19% during peak periods.

The 68.7-billion rupee plant’s supercritical technology will enable it to enhance energy efficiency and reduce carbon dioxide emissions, said Sembcorp which owns a 49% stake in TPCIL through its wholly-owned subsidiary, Sembcorp Utilities. The majority 51% stake is held by Gayatri Energy Ventures, a wholly-owned subsidiary of India’s Gayatri Projects. (US$1=55 rupees).

In a separate deal, Sembcorp said it will be developing a new waste-to-energy plant on a 770-hectare industrial site in Teeside in the UK, making it the first outside Singapore for the company.

The plant has the capacity to produce up to 49 megawatts of gross power or 190 tonnes per hour of steam from municipal and commercial waste.

Sembcorp will have a 40% stake in the joint venture that includes Suez’s SITA UK (40%) and Japan’s Itochu Corp (20%) that will use up to 450,000 tonnes of municipal waste that would otherwise have gone to landfill.

The waste will be supplied by the Merseyside and Halton Waste Partnership under a 30-year contract, which the joint venture won through a competitive bidding process.

Tang Kin Fei, Sembcorp’s Group President and CEO, said:

“We are very pleased to embark on this project and to develop a new energy-from-waste facility at our Wilton International site, a quality industrial site that offers integrated services, from land, utilities to infrastructure, to customers there. This new energy-from-waste facility will complement our existing assets at the site to generate power and steam competitively, enhancing the competitiveness of our UK operations. It is also a significant milestone as we continue to grow our renewable energy capabilities.”

 

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