BPCL and Sembcorp form JV to develop clean energy projects in India

Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India Private Limited, a wholly-owned subsidiary of Sembcorp Industries Limited, have entered into a joint venture (JV) agreement to develop renewable energy and green hydrogen projects across India. 

Additionally, the JV will also assess opportunities in green ammonia production, bunkering, emissions reduction for port operations, and other emerging technologies in green fuels. The projects are expected to benefit from Sembcorp’s experience in renewable energy and BPCL’s sectoral knowledge and infrastructure capabilities in petroleum. 

In January 2025, Sembcorp Industries Limited, through its subsidiaries Sembcorp Green Hydrogen India Private Limited and Sembcorp Development Limited, signed two non-binding MoUs with the government of Odisha to explore the development of a green hydrogen production facility and an industrial park.