Sembcorp Industries ( (SG:U96) ) has provided an announcement.
Sembcorp Industries and Bharat Petroleum Corporation Limited (BPCL) have entered into a joint venture to explore renewable energy and green hydrogen projects in India. This partnership aims to support India’s energy transition and climate goals, leveraging Sembcorp’s renewables experience and BPCL’s petroleum sector expertise. The collaboration will explore projects in green ammonia production, emissions reduction, and other green fuel technologies, with a focus on decarbonizing hard-to-abate sectors.
More about Sembcorp Industries
Sembcorp Industries is a company involved in the renewable energy sector, focusing on delivering scalable, low-carbon solutions. It has expertise in renewables and aims to support energy transitions and development goals, particularly in India.
YTD Price Performance: -2.52%
Average Trading Volume: 200
Technical Sentiment Signal: Hold
Current Market Cap: $8.45B
Learn more about U96 stock on TipRanks’ Stock Analysis page.