New Delhi, April 9 -- Sembcorp Industries and Bharat Petroleum Corporation Ltd (BPCL) have entered into a significant partnership agreement to establish a 50:50 joint venture focused on renewable energy and green hydrogen development across India.

The agreement, signed on Tuesday between Sembcorp Green Hydrogen India Private Limited and BPCL, represents a strategic alignment of resources to support India's energy transition goals.

The newly formed joint venture will concentrate on the production, operation, and commercialisation of renewable energy and green hydrogen, along with its derivatives.

According to the official statement, the partnership will extend to exploring green ammonia production and bunkering, emissions reduction init...