Top Headlines
Home » Business » SEMBCORP INKS MOUS WITH GOVERNMENT OF ODISHA DURING SINGAPORE PRESIDENT’S VISIT

SEMBCORP INKS MOUS WITH GOVERNMENT OF ODISHA DURING SINGAPORE PRESIDENT’S VISIT

in Business 13 days ago Comments Off on SEMBCORP INKS MOUS WITH GOVERNMENT OF ODISHA DURING SINGAPORE PRESIDENT’S VISIT 151 Views

  • Two MOUs signed to explore the development of a green hydrogen plant and an industrial park in the state

Bhubaneswar:17/1/25: Sembcorp Industries (Sembcorp), through its wholly-owned subsidiaries Sembcorp Green Hydrogen India Private Limited (SGHIPL) and Sembcorp Development Ltd, today signed two non-binding Memoranda of Understanding (MOU) with the Government of Odisha. These MOUs were signed by representatives of the Government of Odisha and Sembcorp, in the presence of Singapore’s Minister for Transport and Second Minister for Finance Chee Hong Tat and Shri Mohan Charan Majhi, Honourable Chief Minister of Odisha, along with other dignitaries. The MOUs exchange took place at the sidelines of the Presidential State Visit of His Excellency Mr Tharman Shanmugaratnam, President of the Republic of Singapore’s to India.

Under the MOU signed with Industrial Promotion & Investment Corporation of Odisha Limited, SGHIPL will explore the development of a production facility for green hydrogen and its derivatives, with an anticipated production capacity of 720,000 metric tonnes per annum. The facility, to be strategically located in Odisha, is expected to generate over 2,000 employment opportunities during its operational phase.

May be an image of 5 people and text

Sembcorp Development Ltd has also signed a non-binding MOU with Odisha Industrial Infrastructure Development Corporation to assess the potential for the development of an industrial park in Odisha, India.

These MOUs build upon the framework outlined by the Governments of Singapore and India to enhance bilateral collaboration, with a focus on six key pillars, including sustainability. With abundant resources and investor-friendly policies, Odisha is pivotal to India’s transition to a low-carbon future. Sembcorp continues to explore opportunities to deepen its presence in India, with the support of partners like Enterprise Singapore. The signing of these MOUs is not expected to have a material impact on the earnings per share and net tangible assets per share of Sembcorp for the financial year ending December 31, 2025.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
©2025 All rights Reserved. Orissa Film and Media Association || Powered By DATAGRAM INDIA
x

Check Also

Heartfelt Homage to Gandhiji on Martyrs’ Day

Bhubaneswar:30/1/25:The death anniversary of Mahatma Gandhi, the ardent apostle of truth and nonviolence is observed every year as Martyrs’ Day. Today on this occasion the state-level event was held on ...