On Friday, Sembcorp Industries signed two non-binding memoranda of understanding (MOUs) with the Government of Odisha to investigate the establishment of a green hydrogen production facility in the state.

Sembcorp's wholly-owned subsidiaries, Sembcorp Green Hydrogen India Pvt Ltd (SGHIPL) and Sembcorp Development Ltd, signed the MOUs in the presence of Singapore's Minister for Transport and Second Minister for Finance, Chee Hong Tat, and Odisha Chief Minister Mohan Charan Majhi, according to a company statement.
"According to the MOU signed with the Industrial Promotion and Investment Corporation of Odisha Limited, SGHIPL will investigate the development of a production facility for green hydrogen and its derivatives, with a capacity of 720,000 tonnes per year." The facility, which will be strategically located in Odisha, is expected to create over 2,000 job opportunities during its operational phase," it stated.

Sembcorp Development Ltd has also signed a non-binding Memorandum of Understanding with the Odisha Industrial Infrastructure Development Corporation to assess the feasibility of developing an industrial park in Odisha, India.

"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," it said.

The MOUs exchange took place on the sidelines of the visit of Singapore President Tharman Shanmugaratnam.