Singapore's Sembcorp to build green hydrogen plant in India's Odisha state
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 17 2025
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Source: Reuters
Sembcorp's New Project: Sembcorp Industries has signed a deal to develop a green hydrogen plant and industrial park in Odisha, India, with a capacity of 720,000 metric tonnes, expected to create over 2,000 jobs.
India's Renewable Energy Goals: This initiative aligns with India's efforts to enhance renewable energy investments to meet its 2030 clean energy target and achieve net-zero emissions by 2070.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
