Sembcorp Explores Partnership with Bharat Petroleum for Renewables and Green Hydrogen Initiatives
Sembcorp Industries’ subsidiary, Sembcorp Green Hydrogen India, is in talks with Bharat Petroleum Corporation Limited (BPCL) to form a joint venture aimed at developing renewable energy and green hydrogen projects across India. This collaboration will combine BPCL’s energy sector expertise with Sembcorp’s renewable energy capabilities, supporting India’s energy transition, decarbonization efforts, and long-term sustainable development goals, advancing the country’s shift towards a low-carbon economy.
Sembcorp Industries (Sembcorp) has announced that its wholly-owned subsidiary, Sembcorp Green Hydrogen India Private Limited, is currently engaged in discussions with Bharat Petroleum Corporation Limited (BPCL) to establish a definitive joint venture agreement. The proposed partnership aims to develop renewable energy and green hydrogen projects across India, contributing significantly to the country’s clean energy ambitions.
The collaboration is expected to play a key role in supporting India’s long-term energy transition and sustainable development goals. By combining BPCL’s extensive expertise in the energy sector with Sembcorp’s established capabilities in renewable energy, the joint venture will explore opportunities to drive the growth of green hydrogen production and renewable power generation in various regions across India.
As a leading renewable energy player in Asia with a significant operational footprint in India, Sembcorp is well-positioned to spearhead decarbonization initiatives in collaboration with BPCL. Together, they aim to accelerate India’s shift towards a low-carbon economy, paving the way for increased adoption of renewable energy sources, reducing the nation’s carbon emissions, and supporting the government’s vision for a greener future.
