BHUBANESWAR: Singapore-based energy and urban development company Sembcorp Industries (Sembcorp) on Friday signed two non-binding MoUs with the Odisha government to explore possibilities to set up a green hydrogen production facility and an industrial park in the state.
Sembcorp Green Hydrogen India Private Limited (SGHIPL), a wholly-owned subsidiary of Sembcorp signed an agreement with Industrial Promotion and Investment Corporation Limited (Ipicol) to set up a production facility for green hydrogen and its derivatives, with an anticipated production capacity of 720,000 metric tonnes per annum.
The company delivers sustainable solutions to support energy transition and urban development by leveraging its sector expertise and global track record. The facility, to be strategically located in Odisha, is expected to generate over 2,000 employment opportunities during its operational phase.
Sembcorp Development Ltd, a wholly-owned subsidiary of Sembcorp, has signed a non-binding Memorandum of Understanding (MoU) with the Odisha Industrial Infrastructure Development Corporation (IDCO) to explore the potential development of an industrial park in the state.
The MoUs were formalized by representatives of the Odisha government and Sembcorp in the presence of Singapore's Minister for Transport and Second Minister for Finance, Chee Hong Tat, as well as Odisha Chief Minister Mohan Charan Majhi and other dignitaries. The exchange took place during Singapore President Tharman Shanmugaratnam’s visit to the state.
These agreements are part of the framework established by the Governments of Singapore and India to strengthen bilateral cooperation, with a particular focus on six key areas, including sustainability. The Chief Minister of Odisha had previously visited Sembcorp Industries Limited during his trip to Singapore in November last year, where he held discussions with Wong Kim Yin, Group President and CEO of Sembcorp Industries, and senior officials at their headquarters. The discussions centered on Sembcorp's upcoming green ammonia project in Odisha and other renewable energy initiatives in India.
Highlighting Odisha’s strategic importance, Sembcorp stated, "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."
