JBM Group indicators MoU with Singapore’s Keppel to drive power transition

From left: Cindy Lim, CEO of Keppel’s Infrastructure Division, Minister of Commerce and Business Piyush Goyal, and Nishant Arya, vice chairman, JBM Group

JBM Group has entered right into a partnership with Singapore-based Keppel Ltd. to drive the worldwide power transition and sustainable infrastructure progress.

The MoU was signed within the presence of Minister of Commerce and Business Piyush Goyal by Nishant Arya, vice chairman, JBM Group, and Cindy Lim, CEO, Keppel’s Infrastructure Division.

“India and Singapore share a long-standing and strong partnership that was lately elevated to a Complete Strategic Partnership (CSP) throughout Prime Minister Narendra Modi’s go to to Singapore in September 2024,” Mr. Goyal stated in a press release. “This important step enhances collaboration in sustainability, superior manufacturing, digital know-how and inexperienced power,” he stated.

By means of this partnership, JBM Group and Keppel goal to drive innovation for decarbonising city infrastructure, present distinctive and customised options for rising demand in electro-mobility and electric-waste (e-waste) administration and seize the burgeoning alternatives for extra sustainable electrical energy in business and industrial sectors.

“Keppel brings to the partnership its modern capabilities in built-in clear power, electrical car (EV) charging and useful resource circularity options,” the corporate stated.

JBM Group will leverage its experience within the electrical automobiles, EV aggregates and key auto methods to collectively develop initiatives with Keppel centered on electro-mobility, Battery Vitality Storage Techniques (BESS) and e-waste options, it stated. Each firms can even conduct feasibility research and growth for EV charging networks, electromobility hubs and useful resource restoration services, with the goal of driving a system-wide electrification of transport infrastructure.

“This strategic partnership with Keppel marks a major step ahead in our dedication to advancing the worldwide power transition and decarbonisation objectives,” Mr. Arya stated.

“The mixed synergies of two world leaders becoming a member of palms, with JBM’s experience in e-mobility, renewables and inexperienced manufacturing and Keppel’s progressive options in infrastructure and sustainability, we goal to ship transformative outcomes in clear power and electro-mobility domains,” he stated.

“India’s electrical energy demand is quickly rising on the again of its rising financial system, urbanisation and electrification. By way of forging partnerships with main companions like JBM Group, Keppel is uniquely positioned to take part in and contribute meaningfully in direction of India’s sustainable growth,” stated Ms. Lim.