Sembcorp Industries has signed two non-binding memoranda of understanding (MOUs) with the Government of Odisha to explore the possibility of setting up a green hydrogen production facility in the state.
The agreements were signed by Sembcorp’s subsidiaries, Sembcorp Green Hydrogen India Pvt Ltd (SGHIPL) and Sembcorp Development Ltd, in the presence of Singapore’s Minister for Transport and Second Minister for Finance, Chee Hong Tat, and Odisha Chief Minister Mohan Charan Majhi.
The company stated that under one of the agreements with the Industrial Promotion & Investment Corporation of Odisha Limited, SGHIPL will explore the development of a green hydrogen production facility, with a planned production capacity of 720,000 tonnes per year. The plant, which will be located in Odisha, is expected to create over 2,000 jobs once operational.
Sembcorp Development Ltd also signed a separate MOU with the Odisha Industrial Infrastructure Development Corporation to look into the possibility of developing an industrial park in the state.
These agreements are part of efforts to strengthen cooperation between the governments of Singapore and India, particularly in areas such as sustainability. The statement from Sembcorp emphasized that Odisha, with its rich resources and business-friendly policies, is a key player in India’s move toward a low-carbon future. The company also expressed its intention to increase its presence in India with the help of partners such as Enterprise Singapore.
The MOUs were signed during the visit of Singapore’s President Tharman Shanmugaratnam.
For detailed information and further insights, please refer to BioEnergyTimes.com, which provides the latest news about the Green Hydrogen Industry
