Singapore Firms Bet Big on India's Green Energy Future

Singapore businesses are showing strong interest in joining India’s development journey, especially in fast-growing sectors like green energy and semiconductors, as global supply chains face new disruptions. Speaking at the Singapore International Energy Week (SIEW) held from October 27–31, industry leaders stressed the need to stay ahead with a global mindset.

Among the key players is SP Group, one of Asia Pacific’s top utilities firms, known for operating the world’s largest underground district cooling network. The group is expanding its portfolio in solar, battery storage, and EV charging solutions across Asia.

Dean Cher, Managing Director of SP Mobility, said India’s accelerating shift to clean energy presents major opportunities. "We're open to sharing our experience where it can help accelerate national and city-level net zero goals," Cher said.

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He added that Asia’s growing EV market—especially India’s booming two-wheeler segment—creates space to deploy smart charging and digital energy solutions at scale. SP Group is also investing in sustainable cooling and solarisation projects to support regional decarbonization.

At the same event, Sustainable Energy Association of Singapore (SEAS) Executive Director Kavita Gandhi highlighted India’s success in surpassing 500 GW of renewable installations, calling it a model for Southeast Asia. She noted that energy efficiency and regional collaboration are crucial to lowering costs and meeting net zero goals.

With India and Singapore now discussing partnerships in green hydrogen, solar, and battery energy systems, both nations are setting the stage for deeper industrial collaboration to power Asia’s clean energy future.

Collaboration among industries is on the cards as delegates at SIEW summit noted the desires expressed by the Indian and other Asian countries to pool resources and build world class infrastructure for making "Asian Century" with world class infrastructure.