Petronas clean energy arm sees India, Australia as key market for growth

KUALA LUMPUR (Reuters) – Gentari, the clean energy arm of Malaysia’s state oil firm Petronas, sees India and Australia as its key markets for growth and expects to tap more financing to meet its ambitious targets, its chief executive told Reuters.

Petronas launched Gentari as a separate entity in June, aiming to build renewable energy capacity of 30-40 gigawatts and produce up to 1.2 million tonnes per year of hydrogen by 2030 in Asia Pacific.

It also plans to establish 25,000 public charging points for electric vehicles.

In an interview on Wednesday, Chief Executive Officer Sushil Purohit said India and Australia will be primary markets for growth in the near term in all fields of operation.

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