Home » Business » SEMBCORP TO ACQUIRE 100% OF RENEW SUN BRIGHT STRENGTHENING ITS INDIA RENEWABLES PORTFOLIO

SEMBCORP TO ACQUIRE 100% OF RENEW SUN BRIGHT STRENGTHENING ITS INDIA RENEWABLES PORTFOLIO

Gurugram, October 09, 2025-Sembcorp Industries (Sembcorp), through its wholly-owned subsidiary, Sembcorp Green Infra Private Limited, has entered into a share purchase agreement with ReNew Private Limited to acquire 100% ownership of ReNew Sun Bright Private Limited (ReNew Sun Bright), for a total consideration of approximately S$246 million.

ReNew Sun Bright owns and operates a 300MW solar power asset located in Fatehgarh, Rajasthan, India. The project commenced commercial operations in November 2021 and is connected to the national grid via the Inter-State Transmission System. It operates under a 25-year power purchase agreement with Maharashtra State Electricity Distribution Company Limited.

The acquisition will be funded through a combination of internal cash resources and external borrowings. Completion is subject to conditions precedent, including regulatory approvals, and is expected in the first half of 2026.

Upon completion, Sembcorp’s gross renewable energy capacity installed and under development in India will reach 6.9GW³. Globally, Sembcorp has achieved a gross renewable energy capacity of 19.3GW, including acquisitions pending completion.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
x

Check Also

Odisha State Sericulture Research and Training Institutehas organised its first Farmers’ Training Programme

Bhubaneswar:19/6/26:The Odisha State Sericulture Research and Training Institute (OSSR&TI) has organised its first Farmers’ Training Programme on “Tasar Host Plant Nursery and Its Management” from 19 June to 23 June ...