Sembcorp's Green Hydrogen Expansion in India
Key Ideas
- Sembcorp Industries signs MoUs with the government of India's Odisha to explore the development of a green hydrogen plant and an industrial park in the state.
- The green hydrogen production facility is expected to have a capacity of 720,000 metric tonnes per annum and create over 2,000 job opportunities.
- Sembcorp's collaboration aligns with the sustainability goals outlined by the governments of Singapore and India, focusing on enhancing bilateral collaboration.
- The company also aims to deepen its presence in India by venturing into renewable energy and green hydrogen projects, including a partnership with Bharat Petroleum and a green ammonia transport agreement with Japanese companies.
Singaporean energy company Sembcorp Industries, through its subsidiaries Sembcorp Green Hydrogen India and Sembcorp Development, has entered into non-binding memoranda of understanding (MoUs) with the government of India's Odisha. The agreements aim to explore the development of a green hydrogen plant, derivatives production facility, and an industrial park in Odisha. The green hydrogen production facility is planned to have a significant capacity of 720,000 metric tonnes per annum, with projections of creating over 2,000 job opportunities during its operational phase. These collaborations are part of Sembcorp's strategy to expand its presence in India's renewable energy sector. The company is also in discussions with Bharat Petroleum for a joint venture in renewable energy and green hydrogen projects across India. Additionally, Sembcorp has partnered with Japanese companies NYK, Kyushu Electric Power, and Sojitz for the marine transport of green ammonia from India to Japan. This project aims to produce approximately 200,000 metric tons of green ammonia annually. The overall focus of these agreements is to enhance sustainability and promote bilateral collaboration between Singapore and India.