Sembcorp Signs MoUs with Odisha Govt to Set Up 720,000 MTPA Green Hydrogen Plant
Sembcorp Industries has signed two MOUs with the Odisha Government to explore developing a 720,000 metric tonnes per annum green hydrogen production facility and an industrial park in Odisha.
January 18, 2025. By Mrinmoy Dey
Sembcorp, through its wholly-owned subsidiaries Sembcorp Green Hydrogen India and Sembcorp Development, signed the MoUs with the Industrial Promotion & Investment Corporation of Odisha and Odisha Industrial Infrastructure Development Corporation.
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 the sidelines of the Presidential State Visit of Tharman Shanmugaratnam, President of the Republic of Singapore to India.
Under the MOU signed with the Industrial Promotion & Investment Corporation of Odisha, Sembcorp Green Hydrogen India will explore the development of a production facility for green hydrogen and its derivatives. The facility, to be strategically located in Odisha, is expected to generate over 2,000 employment opportunities during its operational phase.
Sembcorp Development which signed a non-binding MOU with Odisha Industrial Infrastructure Development Corporation, will assess the potential for the development of an industrial park in Odisha.
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. 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.
Sembcorp with a gross renewables capacity of almost 6 GW across 13 states, is supporting the nation’s journey to achieve net-zero emissions by 2070.
The signing of these MOUs is not expected to have a material impact on the earnings per share and net tangible assets per share of Sembcorp for the financial year ending December 31, 2025.
please contact: contact@energetica-india.net.
Manjula Girish
Business Head, EV Charging and Photovoltaic Inverter Division
Driving Sustainability: Delta Electronics' Vision for Renewable Energy and EV Charging
Dhiman Roy
CEO and Director
Breaking Barriers in Green Hydrogen: GreenH Electrolysis’ Vision for Industrial Decarbonisation
Nilabh Jha
Chief Technology Officer
Greenway Mobility Ensuring Affordable and Reliable EVs with its Buyback and Warranty Programs
Deepak Maheshwari
CEO
Hydrogen, Biofuels, and LNG: Essar’s Multi-Pronged Strategy for a Greener Future
Ajit Kulkarni
VP and India Market Leader
Accelerating India's Net Zero Goals: AVEVA’s Smart Solutions