BPCL-Sembcorp JV NeuEN Signs 10,000 TPA Green Hydrogen Supply Deal with NRL

Written by: Team Angel OneUpdated on: 24 Mar 2026, 3:21 pm IST
BPCL-Sembcorp JV NeuEN to supply 10,000 TPA green hydrogen to NRL by 2028, marking a milestone in Indian decarbonisation.
BPCL-Sembcorp JV NeuEN
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As per PTI news report, BPCL, in collaboration with Sembcorp, has embarked on a significant venture in the energy sector by finalising an agreement to supply green hydrogen to Numaligarh Refinery Ltd (NRL).  

This initiative aligns with India's commitment to sustainable energy and industrial decarbonisation. 

NeuEN's Green Hydrogen Supply to Numaligarh Refinery 

NeuEN Green Energy Pvt. Ltd, a joint venture between Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India Private Ltd, is set to deliver 10,000 tonnes per annum (TPA) of green hydrogen to Numaligarh Refinery Ltd by 2028.  

This agreement is supported by a long-term offtake contract, which includes the development of a dedicated green hydrogen production facility at NRL's Assam refinery. 

Significance of the Hydrogen Agreement 

Sanjay Khanna, Chairman & Managing Director of BPCL, stressed the importance of this venture as a crucial step in BPCL's journey towards a sustainable energy portfolio.  

The project reflects the evolving green hydrogen sector and demonstrates the potential for competitive bidding to foster market-friendly solutions. 

Sembcorp's Role in the Hydrogen Project 

Vipul Tuli, President & CEO of Renewables and CEO of Hydrogen Business at Sembcorp, described this project as a major advancement in India's green hydrogen goals.  

It aligns with Sembcorp's broader mission to support a lower carbon energy future, backed by strong long-term offtake agreements. 

Read More: Reliance Industries Secures Long-Term Green Ammonia Supply Agreement with Samsung C&T! 

Collaborative Efforts in Decarbonisation 

Shelly Abraham, Chairman of NeuEN, highlighted the critical role of combining BPCL's domestic capabilities and Sembcorp's international experience.  

This partnership aims to introduce low-carbon solutions into traditional refining processes while supporting the broader climate commitment of industrial sectors. 

Sembcorp's Renewables Portfolio 

With a renewable portfolio of 7.6 GW in India, Sembcorp is strategically positioned to support green hydrogen in helping meet both national and industrial decarbonisation objectives. 

Conclusion 

The collaboration between BPCL and Sembcorp for the supply of green hydrogen to NRL represents a significant advancement in India's green energy initiatives. It highlights the potential of alliances to promote sustainable industrial practices and strengthens the country's energy security framework through innovative solutions. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Mar 24, 2026, 9:50 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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