11 Apr 2025
Bharat Petroleum Corporation Ltd. (BPCL) and Sembcorp, backed by Singapore's Temasek, have formed a joint venture to advance renewable energy and green hydrogen initiatives across India—a key step in supporting the country’s climate and decarbonization efforts.
Bharat Petroleum Corporation Ltd. (BPCL) and Sembcorp, backed by Singapore's Temasek, have formed a joint venture to advance renewable energy and green hydrogen initiatives across India—a key step in supporting the country’s climate and decarbonization efforts.
The partnership will also focus on the development of green ammonia, clean bunkering solutions, and emission reduction in port operations, while exploring other cutting-edge green fuel technologies. This strategic alliance is intended to support India’s transition to cleaner energy and help reduce emissions in sectors that are difficult to decarbonize.
G. Krishnakumar, Chairman and Managing Director of BPCL, described the venture as a major milestone in the company’s sustainability roadmap. He reiterated BPCL’s pledge to reach net-zero emissions (Scope 1 and 2) by 2040 and build a renewable energy capacity of 10 GW as part of its clean energy transformation. He also stressed that the partnership would focus on innovation and delivering best-in-class solutions in the green energy space.
Sembcorp, which already operates 6 GW of renewable energy assets in India, views green hydrogen and ammonia as vital components of global decarbonization. This collaboration aligns with India's national clean energy objectives, combining BPCL's infrastructure and market presence with Sembcorp’s renewable expertise to lead the way in sustainable energy and hydrogen technologies.
The detailed article published by www.projectstoday.com can be accessed from https://www.projectstoday.com/News/BPCL-Sembcorp-inks-JV-to-explore-green-hydrogen-RE-emerging-technologies
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