Sembcorp incorporates subsidiary in India
The wholly-owned subsidiary will provide management and advisory services for Sembcorp’s existing investment in India’s power sector.
Sembcorp currently owns a 49% stake in Thermal Powertech Corporation India, a joint venture with Gayatri Energy Ventures to build, own and operate a 1,320 megawatt coalfired power plant in Krishnapatnam, Nellore District in Andhra Pradesh, India.
The issued share capital of Sembcorp Utilities India is approximately S$13,500.
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Tags: Sembcorp subsidiary in India
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