Sembcorp Industries has signed two non-binding memoranda of understanding (MOUs) with the Odisha government to explore the establishment of a green hydrogen production facility and an industrial park in the state. The agreements were inked by 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.
Under the MOU with the Industrial Promotion & Investment Corporation of Odisha Limited, SGHIPL aims to develop a green hydrogen production facility with a targeted capacity of 720,000 tonnes per year. The proposed project is expected to create over 2,000 jobs during its operational phase. Additionally, Sembcorp Development Ltd has signed an MOU with Odisha Industrial Infrastructure Development Corporation to evaluate the potential for setting up an industrial park in the region.
“These initiatives align with the collaborative framework between Singapore and India, focusing on sustainability among other priorities. With its rich resources and supportive policies, Odisha plays a vital role in India’s low-carbon transition. Sembcorp remains committed to expanding its footprint in India with the backing of partners such as Enterprise Singapore,” the company said in a statement.
The MOUs were signed during Singapore President Tharman Shanmugaratnam’s visit to India, reflecting the strengthening bilateral ties between the two nations. Sembcorp Industries is a leading global energy and urban development company headquartered in Singapore.
The company operates a diverse portfolio of power and renewable energy assets, including solar, wind, and thermal power, and is at the forefront of the global transition to clean energy. In India, Sembcorp plays a significant role in renewable energy generation, with a strong focus on wind and solar projects.
With its commitment to sustainability and innovative solutions, the company is driving the transition to a low-carbon future while ensuring energy security and economic growth. Through its integrated approach to energy and urban development, Sembcorp continues to create long-term value for stakeholders worldwide.
