Sembcorp Energy India Limited (SEIL)

Five firms — including SIA and Sembcorp – form the bulk of Temasek’s portfolio emissions - THE EDGE SINGAPORE

Sustainability

Five firms — including SIA and Sembcorp – form the bulk of Temasek’s portfolio emissions

Temasek's full-year total portfolio emissions fell to 21 million tCO2e in FY2024, sinking below the baseline for the first time.
Earnings from higher power demand help Sembcorp Industries pivot to renewables - THE EDGE SINGAPORE

Corporate moves

Earnings from higher power demand help Sembcorp Industries pivot to renewables

Higher energy prices saw SCI announce a net profit of $883 million for FY2022 before exceptional items, up 83% y-o-y.

Broker's Calls

Analysts cheer Sembcorp's divestment of India power plants

Sembcorp enjoyed a further lift from a slew of positive calls from analysts following news of the proposed sale of its India plant

Deals, joint ventures & alliances

Sembcorp Energy India wins new 400MW solar power project

The award of the solar project is not expected to have a material impact on Sembcorp's EPS and NAV per share.

Broker's Calls

Sembcorp's green energy business deeply undervalued: DBS

SINGAPORE (Sept 12): DBS Group Research is maintaining its “buy” recommendation on Sembcorp Industries (SCI) with a target price of $3.20.

Company in the news

Sembcorp raises stake in India energy arm to 94.05% with $102 mil investment

(July 10): Sembcorp Industries has pumped in more funds to support the growth of its India renewable energy business.

Spinoff and listing

Sembcorp holds off plans to list India energy arm in favour of new equity injection

(June 18): Sembcorp Industries says its energy arm in India -- Sembcorp Energy India Limited (SEIL) -- is withdrawing a draft prospectus for listing.

Broker's Calls

No O&M spinoff for Sembcorp? No worries

SINGAPORE (Aug 6): DBS Group Research is still clinging on to the hope of a merger between Keppel’s offshore & marine arm and Sembcorp Marine despite the spinoff not happening in last year’s strategy review.

Sembcorp & Ascendas-Singbridge formalise agreements to jointly develop Andhra Pradesh Start-up Area

SINGAPORE (June 7): Sembcorp and Ascendas-Singbridge’s joint venture (JV) vehicle Singapore Amaravati Investment Holdings (SAIH) has formalised its collaboration with the State Government of Andhra Pradesh (SGOAP) to jointly master develop the 684-hecta

Results

Sembcorp to list India energy unit on BSE, NSE after strategic review; reports 84.6% fall in 4Q earnings to $22.8 mil

SINGAPORE (Feb 23): Sembcorp Industries says it has started the process for an initial public offering of Sembcorp Energy India on BSE and the National Stock Exchange of India, with the filing of a draft prospectus.
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