Sembcorp unit ‘in discussions’ to enter joint venture with India’s Bharat Petroleum Corporation 

Sembcorp unit ‘in discussions’ to enter joint venture with India’s Bharat Petroleum Corporation 

September 13, 2024 / Riah Marton /


SEMBCORP Green Hydrogen India is “in discussions” with Indian oil and gas company Bharat Petroleum Corporation to enter a definitive joint-venture agreement for renewable energy and green hydrogen projects across India.

“The partnership aims to support India’s long-term energy transition and development goals,” said Sembcorp on Friday (Sep 13).

Sembcorp Green Hydrogen India is a wholly owned subsidiary of Sembcorp Industries, while Bharat Petroleum Corporation is a state-owned oil and gas company.

Sembcorp added that it has a significant presence in India and it is well-positioned to lead decarbonisation initiatives with Bharat Petroleum Corporation to drive the country’s energy transition.

Shares of Sembcorp Industries closed 0.2 per cent or S$0.01 higher at S$5.16 on Friday, before the announcement.

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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