Sembcorp's Green Hydrogen Plant in Odisha: A Boon for India's Clean Energy Transition

Singapore-based energy and urban solutions provider, Sembcorp Industries, has signed a deal with the eastern Indian state of Odisha to develop a green hydrogen plant and industrial park. This strategic move aligns with India's ambitious clean energy targets and net-zero emissions goal by 2070. The project, expected to create over 2,000 jobs, is a significant step towards India's pursuit of energy independence by 2047.

The green hydrogen plant, with a capacity of 720,000 metric tonnes, will be built by Sembcorp's subsidiary, Sembcorp Green Hydrogen India. The project is expected to create over 2,000 jobs, contributing to Odisha's economy and helping to address unemployment issues. This aligns with India's ambition to create jobs in the renewable energy sector, with an estimated 150,000 jobs in wind energy alone by 2030.

The project supports India's 2030 clean energy target of 500 GW of renewable energy capacity and contributes to the government's efforts to expand clean energy and cut emissions. As the world's third-largest greenhouse gas emitter, India is aiming for net-zero emissions by 2070. The green hydrogen plant in Odisha will help reduce India's greenhouse gas emissions by replacing fossil fuel-based hydrogen with clean, renewable energy sources.

The project also supports the development of an industrial park in Odisha, which can attract more investments, fostering economic growth and further job creation. This aligns with India's strategy to boost investments in renewable energy and create a sustainable energy ecosystem.

Sembcorp's investment in the green hydrogen plant in Odisha demonstrates its commitment to supporting India's clean energy transition and contributing to its economic growth. The project offers several key economic and environmental benefits, including job creation, reduced greenhouse gas emissions, and industrial park development. By aligning with India's 2030 clean energy target and net-zero emissions goal by 2070, Sembcorp is playing a pivotal role in India's energy landscape and contributing to its sustainable development.

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