Sembcorp's Green Hydrogen Initiative in Odisha: Boosting Sustainable Development
Key Ideas
- Sembcorp Industries signs MoUs with Odisha government to explore building a green hydrogen facility and an industrial park, promoting sustainable development and creating job opportunities.
- The green hydrogen production facility aims for an annual capacity of 720,000 metric tonnes, contributing to India's clean energy goals and sustainable economy.
- The industrial park development agreement seeks to enhance industrial activity and attract investments in Odisha, aligning with the country's clean energy transition.
- The initiatives strengthen bilateral ties between Singapore and India, focusing on sustainability and clean energy collaborations for a greener future.
Sembcorp Industries, a Singapore-based energy and urban development company, has partnered with the Odisha government to explore the establishment of a green hydrogen facility and an industrial park in the state. The first MoU involves setting up a green hydrogen production facility with a planned capacity of 720,000 metric tonnes annually, expected to create over 2,000 jobs and support India's clean energy objectives. The second MoU focuses on developing an industrial park to enhance economic activity and attract investments in Odisha. The agreements were signed in the presence of key officials, emphasizing the commitment to sustainable development and clean energy collaborations. Sembcorp's initiatives in Odisha aim to strengthen its presence in India by leveraging the region's resources and favorable policies, marking a significant step in the country's transition towards clean energy.