Sembcorp IPO

Incorporated in June 2005,  Sembcorp Green Infra Limited is a renewable independent power producer (IPP) focused on developing, operating and maintaining utility-scale and complex renewable energy projects in India. The Company is among the top 10 largest renewable IPPs in India by operational capacity as of March 31, 2026, according to the CRISIL Report. 

As of March 31, 2026, the Company had a portfolio of 105 projects across 13 states and union territories, comprising 84 operational projects and 21 projects under construction. Its portfolio includes wind, solar, battery energy storage systems (BESS), hybrid and other complex renewable projects. The Company had 3.60 GW of operational capacity and an additional 4.04 GW/GWh of under-construction capacity, including 2.61 GW of renewable energy capacity and 1.43 GWh of BESS capacity. 

The Company sells electricity to central and state government agencies as well as private offtakers, including commercial and industrial customers, under power purchase agreements (PPAs). As of March 31, 2026, 85.40% of its operational capacity was contracted with government agencies, while 81.22% of operational capacity was covered by PPAs with a tenure of 25 years, providing long-term revenue visibility. 

Sembcorp Green Infra follows a flexible project execution model, undertaking projects through self-EPC, split-scope and turnkey EPC arrangements, supported by a mix of in-house and outsourced O&M. Since Fiscal 2019, the Company has commissioned its operational projects 95.21 days ahead of schedule on a weighted-average basis. 

The Company is promoted by Sembcorp Utilities Pte Ltd, a wholly owned subsidiary of Sembcorp Industries Ltd, which is listed on the Singapore Exchange. Its management team has extensive experience in the renewable energy sector, with its KMP and SMP having an average of more than 28 years of industry experience. 

As of March 31, 2026, the Company had 526 permanent employees.