SG's Sembcorp infuses $74.4m in its Indian renewable business

SG's Sembcorp infuses $74.4m in its Indian renewable business

Sembcorp Industries, the Singapore-based energy and urban development company, has made an equity infusion of 521 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.