{"id":287455,"date":"2019-08-17T05:33:26","date_gmt":"2019-08-17T05:33:26","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287455"},"modified":"2019-08-17T05:33:26","modified_gmt":"2019-08-17T05:33:26","slug":"sembcorp-invests-%e2%82%b9521-crore-in-indian-renewable-business","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sembcorp-invests-%e2%82%b9521-crore-in-indian-renewable-business\/","title":{"rendered":"Sembcorp invests \u20b9521 crore in Indian renewable business"},"content":{"rendered":"<p>MUMBAI: Sembcorp Industries, the Singapore-based energy and urban development company, has made an equity infusion of \u20b9521 crore (S$101.6 million) into its Indian arm, Sembcorp Energy India Ltd. The funds will be used to expand its renewable energy portfolio in India, a senior company official said.<\/p>\n<p>Earlier this week, Sembcorp Industries reported its half-yearly earnings for January-June 2019 with net profit at S$191 million, up from S$159 million in 1H2018, on improved performance from the energy business.<\/p>\n<p>Profitability in India continued to improve with net profit growing by 46% from the year-ago period to S$35 million ( \u20b9179.56 crore).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Sembcorp Industries, the Singapore-based energy and urban development company, has made an equity infusion of \u20b9521 crore (S$101.6 million) into its Indian arm, Sembcorp Energy India Ltd. The funds will be used to expand its renewable energy portfolio in India, a senior company official said. Earlier this week, Sembcorp Industries reported its half-yearly earnings for January-June 2019 with net profit at S$191 million, up from S$159 million in 1H2018, on improved performance from the energy business. Profitability in India continued to improve with net profit growing by 46% from the year-ago period to S$35 million ( \u20b9179.56 crore).<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-287455","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287455"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287455\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}