Bharat Petroleum Corporation Limited (BPCL) and Sembcorp Green Hydrogen India have established a 50:50 joint venture focused on manufacturing-related activities in renewable energy and green hydrogen. The new entity will be responsible for the production, operation, and sale of renewable energy and green hydrogen, along with associated derivatives. According to a statement issued by the […]
TVS Motor Company announced that its wholly owned subsidiary, TVS Motor (Singapore) Pte Ltd, has divested its stake in ION Mobility Pte. Ltd., a Singapore-based electric vehicle company. In exchange, TVS has acquired certain identified assets from ION Mobility for a net cash consideration of approximately USD 1.75 million. According to financial disclosures, ION Mobility […]
Sembcorp Industries has signed two non-binding Memoranda of Understanding (MoUs) with the Government of Odisha. The agreements, facilitated through Sembcorp’s subsidiaries Sembcorp Green Hydrogen India Private Limited and Sembcorp Development Ltd, aim to assess the development of a green hydrogen production facility and an industrial park in Odisha. The MOUs were formalized in the presence […]
Gujarat Fluorochemicals Limited (GFCL) has announced the incorporation of a wholly-owned overseas subsidiary by GFCL EV Products Limited, a subsidiary of GFCL. The new entity, GFCL EV Products Pte. Ltd., was established in Singapore on January 7, 2025. According to a statement issued by GFCL, the Accounting and Corporate Regulatory Authority of Singapore issued the […]
Bartronics India Limited has signed a Memorandum of Understanding (MoU) with Singapore-based PTW Group to develop semiconductor manufacturing and training capabilities in India. The agreement aims to address the growing demand in the semiconductor sector, including production, refurbishment of equipment, and workforce training. According to a company press release, the collaboration plans to establish facilities […]