BPCL, Sembcorp type JV for inexperienced hydrogen, renewables

NEW DELHI: State-run Bharat Petroleum (BPCL) on Monday will type an equal three way partnership with Sembcorp for inexperienced hydrogen manufacturing in addition to different renewable vitality tasks in India and elsewhere.
Sembcorp will execute the three way partnership by means of its wholly-owned subsidiary Inexperienced Hydrogen India Pvt Ltd. The JV will leverage Sembcorp’s expertise in renewables and BPCL’s expertise within the petroleum sector and its infrastructure.
The JV may also pursue tasks for inexperienced ammonia manufacturing and bunkering, emissions discount for port operations and different rising inexperienced gas applied sciences.
BPCL chairman G Krishnakumar mentioned the JV help India’s local weather objectives and the corporate’s 2040 net-zero goal with a ten GW renewable vitality portfolio.
Sembcorp CEO (West) Vipul Tuli mentioned with concentrate on figuring out alternatives to assist decarbonise hard-to-abate sectors, Sembcorp is dedicated to delivering scalable, low-carbon options for a sustainable future.
Sembcorp is pursuing using inexperienced hydrogen and ammonia as key decarbonisation pathways. With 6GW of renewables belongings in India, Sembcorp is well-positioned to allow large-scale, low-cost inexperienced hydrogen manufacturing.