ReNew in talks with Singapore’s Sembcorp to sell 350 MW solar projects!
Thu, Feb 29, 2024 9:37 AM

ReNew in talks with Singapore’s Sembcorp to sell 350 MW solar projects!

A Flip by Avya Verma
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New Delhi: NASDAQ-listed ReNew Energy Global Plc is in talks with Singapore’s Sembcorp Industries Ltd to sell solar energy projects totalling 350 megawatts (MW), with the deal estimated to be valued at around $241 million at the enterprise level and around $121 million in terms of equity, two people aware of the development said. This earlier proposed deal for 1.1 gigawatts (GW).

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