Sembcorp and BPCL Join Forces for India’s Green Hydrogen and Renewable Energy Future
Sep 20
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Sembcorp and BPCL are set to form a joint venture to develop green hydrogen and renewable energy projects across India, accelerating the nation’s clean energy transition and reducing carbon emissions.
Sembcorp Industries, through its subsidiary Sembcorp Green Hydrogen India Private Limited, is in advanced talks with Bharat Petroleum Corporation Limited (BPCL) to establish a joint venture focused on renewable energy and green hydrogen projects in India. This strategic partnership aims to support India’s ambitious clean energy transition and sustainable development goals.
By leveraging BPCL’s vast experience in the energy sector and Sembcorp’s leadership in renewable energy, the collaboration seeks to drive the expansion of green hydrogen production and renewable power generation across key regions in India. The joint venture will play a pivotal role in helping the country achieve its low-carbon energy goals, significantly reducing carbon emissions while promoting the widespread adoption of renewable energy sources.
Sembcorp, a major player in Asia's renewable energy market with a strong presence in India, is well-equipped to spearhead decarbonization efforts. The collaboration with BPCL is expected to accelerate India's journey toward a greener, more sustainable future, aligning with the government's vision of a low-carbon economy.