Announced

Completed

Bharat Petroleum and Sembcorp Green Hydrogen India formed a joint venture.

Synopsis

Bharat Petroleum, an Indian oil and gas company, and Sembcorp Green Hydrogen India, an energy and urban solutions provider, formed a joint venture. Financial terms were not disclosed. "Sembcorp’s collaboration with BPCL seeks to support renewable energy and green hydrogen development in India. With Sembcorp’s renewables expertise and BPCL’s strength in the petroleum sector, we look forward to identifying opportunities to help decarbonise hard-to abate sectors. Sembcorp is committed to delivering scalable, low-carbon solutions for a sustainable future," Vipul Tuli, Sembcorp President & CEO, Renewables, West, and CEO, Hydrogen Business.

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