Piyush Goyal Explores Clean Energy Collaboration with Sembcorp CEO
Union Minister Piyush Goyal met with Kim Yin Wong, Group President and CEO of Sembcorp, to discuss India's advancements in renewable energy and explore potential collaborations in clean energy and green hydrogen sectors. The meeting focused on sustainable growth and global partnerships in the energy transition.
Key Discussion Points
The discussions centered around several key areas crucial to India's energy transition, including clean energy, green hydrogen, industrial parks, and skill development. Goyal emphasized India's commitment to investment-driven reforms and creating opportunities for global partners.
- Collaboration on clean energy initiatives.
- Development of green hydrogen technologies.
- Establishment and enhancement of industrial parks.
- Enhancement of skill development programs for the energy sector.
India-Singapore Partnership
Goyal also addressed the ‘India-Singapore@60: Partnership for Growth and Innovation’ Business Session, emphasizing the importance of strengthening trade and investment ties between the two nations. He highlighted the need for increased collaboration and business-to-business opportunities for a more balanced and future-ready economic partnership. He also met with Singapore’s Prime Minister, Lawrence Wong to discuss strengthening trade relations.
Expanding Investment and Cooperation
Further discussions involved meetings with Gan Kim Yong, Singapore’s Deputy Prime Minister, focusing on deepening industrial and trade cooperation. Meetings with Bryan Yeo of GIC and Dilhan Pillay of Temasek centered on scaling up India-focused portfolios across infrastructure, hospitality, renewable energy, financial services, and urban development. A Business Roundtable on Foreign Direct Investment (FDI) in the manufacturing sector was also a major highlight.
Focus on MRO Sector
Goyal's visit to SIA Engineering Company (SIAEC) highlighted the potential in India's rapidly growing Maintenance, Repair & Overhaul (MRO) sector. Discussions included fast-tracking the India-Singapore Skilling Centre for MRO professionals in collaboration with Indian universities. The focus was on developing skilled workforce for the aviation sector.
