This is GPS Renewables' second major joint venture with one of India’s largest oil marketing companies, following its recent partnership with Indian Oil Corporation. [Image: GPS Renewables]

They also approved a JV with GPS Renewables. The board of state-owned Bharat Petroleum Corporation Limited (BPCL) has given its go signal for a joint venture (JV) with Sembcorp Green Hydrogen India Private Limited which aims to develop,

Bharat Petroleum is entering joint ventures with Sembcorp Green Hydrogen and GPS Renewables to create renewable energy and compressed biogas plants in India.

Bharat Petroleum Corporation Ltd (BPCL) is forming joint ventures with Sembcorp Green Hydrogen India for clean hydrogen projects and GPS Renewables for compressed biogas plants. These initiatives aim to help BPCL achieve its net zero goal and support India's energy transition.

This collaboration will focus on producing, operating, and selling renewable energy, green hydrogen, and its derivatives.