Sembcorp and BPCL Join Forces for Renewable Energy and Hydrogen Projects in India
Key Ideas
- Sembcorp and BPCL form a joint venture to explore renewable energy and green hydrogen projects in India, supporting the country's energy transition and development goals.
- The collaboration aims to focus on green ammonia production, bunkering, emissions reduction for port operations, and other emerging green fuel technologies.
- Both companies express commitment towards decarbonization, with BPCL targeting net-zero emissions by 2040 and building a robust renewable energy portfolio.
- Sembcorp, with 6 GW of renewables assets in India, is dedicated to utilizing green hydrogen and ammonia as key decarbonization pathways.
Sembcorp Green Hydrogen India, a subsidiary of Sembcorp Industries, and Bharat Petroleum Corporation Limited (BPCL) have formed a joint venture to explore renewable energy and green hydrogen projects in India. The partnership is aimed at supporting India's energy transition and development objectives. In addition to hydrogen initiatives, the collaboration will also focus on green ammonia production, bunkering, emissions reduction for port operations, and other emerging green fuel technologies. Both companies have expressed their commitment to decarbonization, with BPCL targeting net-zero emissions by 2040 and aiming to build a strong renewable energy portfolio. Sembcorp, with 6 GW of renewables assets in India, is dedicated to utilizing green hydrogen and ammonia as crucial decarbonization pathways. The joint venture agreement reflects the companies' shared vision for a sustainable future and marks a significant milestone in their efforts towards a more sustainable tomorrow.
Topics
Projects
Renewable Energy
Energy Transition
Sustainable Future
Emissions Reduction
Joint Venture
Green Ammonia
Latest News