Singapore utility group Sembcorp Industries hopes to monetise some of its operational assets in India over the next 12-18 months and aims to grow its renewable energy capacity through organic and inorganic routes to drive the ambitious green energy target, a top executive told ET.
Last month, Sembcorp Industries announced a strategic plan to shift its portfolio from conventional energy to renewable energy by quadrupling the green energy capacity to 10 gigawatts (gw) by 2025 from 2.6 gw in 2020. The company’s India portfolio will grow in line with the global target, with focus on solar energy projects.
