BPCL and Sembcorp Form Joint Venture to Power India's Low-Carbon Future

Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India Private Limited (SGHIPL) have entered into a joint venture (JV) agreement to explore renewable energy and green hydrogen projects across India. This strategic partnership aims to support India’s energy transition and development goals. The JV will explore renewable energy projects and green hydrogen production, and also consider projects in green ammonia production & bunkering, emissions reduction for port operations and other emerging green fuel technologies. The potential projects will leverage Sembcorp’s renewables experience and BPCL's expertise in the petroleum sector and infrastructure. BPCL aims to achieve net-zero emissions by 2040 in Scope 1 and 2, and Sembcorp is committed to delivering scalable, low-carbon solutions for a sustainable future.