A subsidiary of the Temasek-backed Sembcorp Industries has entered into a joint venture with Indian energy marketing company Bharat Petroleum Corporation (BPCL) to explore renewable energy and green hydrogen projects across India.
The joint venture will also consider projects in green ammonia production and bunkering, emissions reduction for port operations and other emerging green-fuel technologies.
Vipul Tuli, president and CEO, renewables, and CEO of hydrogen business at Sembcorp, said: ”Sembcorp’s collaboration with BPCL seeks to support renewable energy and green hydrogen development in India.
“With Sembcorp’s renewables expertise and BPCL’s strength in the petroleum sector, we look forward to identifying opportunities to help decarbonise hard-to-abate sectors. Sembcorp is committed to delivering scalable, low-carbon solutions for a sustainable future.”
G Krishnakumar, chair and managing director at BPCL, said: “BPCL will leverage its combined aspirations, expertise and resources, to jointly explore the development of innovation-led, best-in-class renewable energy and green hydrogen solutions for supporting India’s ambitious climate goals.”
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