BPCL will hold a 50% stake in both ventures. The partnership with Sembcorp will focus on green hydrogen and renewable energy projects, while the GPS Renewables collaboration will establish compressed biogas plants throughout the country. Both deals are pending regulatory approval.
This move supports India’s push for clean energy, helping reduce dependence on fossil fuels and contributing to the country’s climate goals. The projects are expected to generate jobs, boost local economies, and drive innovation in renewable technologies.
