Pacts to explore green hydrogen-industrial park opportunities
Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Ltd from Singapore have signed two non-binding Memoranda of Understanding (MOUs) with the Government of Odisha to explore the development of a production facility for green hydrogen and its derivatives, with an anticipated production capacity of 720,000 metric tonnes per annum https://mnre.gov.in/en/.
The first MoU was signed with Industrial Promotion & Investment Corporation of Odisha Limited by SGHIPL for a facility to be strategically located in Odisha.
The second MoU was signed by Sembcorp Development Ltd has also signed a non-binding MOU with Odisha Industrial Infrastructure Development Corporation to assess the potential for the development of an industrial park in Odisha, said Sembcorp Industries, the parent group of the two companies https://www.sembcorp.com/.
These MOUs were signed by representatives of the Government of Odisha and Sembcorp, in the presence of Singapore’s Minister for Transport and Second Minister for Finance Chee Hong Tat and Mohan Charan Majhi, Chief Minister of Odisha, along with other dignitaries. The MOUs exchange took place on 17 Jan on the sidelines of the Presidential State Visit of Tharman Shanmugaratnam, President of Singapore’s to India https://www.sgx.com/.
These MOUs build upon the framework outlined by the Governments of Singapore and India to enhance bilateral collaboration, with a focus on six key pillars, including sustainability, said Sembawang which among the Government-linked corporations.
With abundant resources and investor-friendly policies, Odisha is pivotal to India’s transition to a low-carbon future. Sembcorp continues to explore opportunities to deepen its presence in India, with the support of partners like Enterprise Singapore. Fiinews.com
