Sembcorp Industries to Develop Green Hydrogen Plant in eastern India
Key Ideas
- Sembcorp Industries partners with Odisha to build a green hydrogen plant and industrial park, with a massive 720,000 metric tonne capacity.
- The project is anticipated to generate more than 2,000 job opportunities, supporting India's clean energy goals and emission reduction targets.
- In line with India's commitment to renewable energy, the country aims for net-zero emissions by 2070 and a 500 gigawatts renewable energy target by 2030.
- This initiative reflects a broader trend of major power producers in India investing significantly in renewables to promote clean energy and reduce emissions.
Sembcorp Industries, in collaboration with the eastern Indian state of Odisha, has signed an agreement to develop a green hydrogen plant and industrial park. The Singapore-based company's subsidiary, Sembcorp Green Hydrogen India, is set to construct a facility in Odisha with a substantial capacity of 720,000 metric tonnes. This project is not only aimed at advancing renewable energy but also at job creation, with expectations to provide over 2,000 job opportunities. Additionally, Sembcorp's unit, Sembcorp Development, will explore the potential for establishing an industrial park in the region. The development of this green hydrogen plant aligns with India's focus on renewable energy and its ambitious goals, including achieving net-zero emissions by 2070 and targeting 500 gigawatts of renewable energy by 2030. This partnership signifies a positive step towards supporting India's clean energy objectives and reducing greenhouse gas emissions.