BPCL, Sembcorp underline strategic significance
Commenting on the development, Sanjay Khanna, Chairman and Managing Director, BPCL, said, “This project marks a significant milestone in BPCL’s journey towards building a future-ready and resilient energy portfolio.”
He added, “Securing this project through a competitive bidding process reflects both the evolving maturity of the green hydrogen sector and our focus on developing scalable, market-aligned solutions. As we move forward, our emphasis will remain on building robust execution capabilities and contributing meaningfully to industrial decarbonisation and India’s long-term energy security.”
Vipul Tuli, President & CEO, Renewables, West, and CEO, Hydrogen Business, Sembcorp, said, “This award marks a significant step forward in advancing India’s green hydrogen ambitions and aligns closely with Sembcorp’s strategy to enable a lower-carbon energy future.”
He noted that the tariff outcome highlights the role of well-structured long-term offtake agreements in enabling cost discovery.
