News

Staff Reporter

, Singapore

Published:

3 years ago

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Photo from Sembcorp's website.

Sembcorp, Pertamina, IGNIS Energy to study clean hydrogen development in Indonesia

They will explore the development of hydrogen facilities in Sumatra.

Sembcorp Industries’ subsidiary, PT Sembcorp Energy Indonesia, has signed a joint study agreement with Pertamina Power Indonesia and IGNIS Energy to look at the feasibility of developing a commercial-scale clean hydrogen production in Indonesia.

In a statement, Sembcorp said the consortium is allowed to evaluate the possibility of developing clean hydrogen production facilities from green energy resources in Sumatra.

“The collaboration will also leverage synergies from each partner’s complementary capabilities to drive decarbonisation outcomes. This is aligned to Sembcorp’s brown to green transformation, which will support the region’s energy transition,” the company said.

The signing is not expected to have an impact on Sembcorp Industries’ earnings per share and net asset value per share in 2022.

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Sembcorp Industries

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