SJVN, a state-owned power producer, has awarded a 440 megawatt (MW) wind-solar hybrid power project to Sembcorp Industries’ wholly owned renewables subsidiary.

The build-own-operate project is part of a 1.5 gigawatt (GW) bid issued by SJVN in September 2023.

Power generated from the project will be sold to the power producer under a 25-year power purchase agreement, Sembcorp said.

It expects the project to be commercially ready for operation within 24 months of signing the power purchase agreement. It will fund the project through a mix of internal funds and debt.

The new project brings the group’s gross renewables capacity to 14.3GW, including a 245MW acquisition pending completion.