Sembcorp, through its subsidiary Sembcorp Green Hydrogen India Private Limited, is in talks with Bharat Petroleum Corporation Limited (BPCL) to establish a joint venture agreement aimed at developing renewable energy and green hydrogen projects across India. This collaboration is expected to support India's long-term energy transition and sustainable development objectives. By combining BPCL's energy sector expertise with Sembcorp's strengths in renewable energy, the joint venture will explore opportunities to boost green hydrogen production and renewable power generation in various regions of India. Sembcorp's established presence in India positions it well to lead decarbonization efforts alongside BPCL. The goal of the partnership is to expedite India's shift towards a low-carbon economy, promote the use of renewable energy sources, reduce carbon emissions, and align with the government's vision for a cleaner and more sustainable future.