Tamil Nadu Attracts Rs 400 Crore Investment for Green Hydrogen Facility
Key Ideas
- Tamil Nadu secures a Rs 400 crore investment from US-based Ohmium International for a green hydrogen manufacturing facility in Chengalpattu district.
- Chief Minister M K Stalin emphasizes the initiative's positive impact on the local economy and job market, with the creation of 500 jobs.
- The signing of the Memorandum of Understanding (MoU) signifies the state's commitment to attracting foreign investment and promoting green energy initiatives.
- The partnership with Ohmium International is seen as a significant step towards fostering a sustainable future for Tamil Nadu.
Tamil Nadu has successfully attracted a Rs 400 crore investment from US-based Ohmium International, Inc. The investment is aimed at establishing a green hydrogen manufacturing facility in the Chengalpattu district of Tamil Nadu. Chief Minister M K Stalin, alongside Minister for Industries TRB Rajaa and other senior government officials, signed a Memorandum of Understanding (MoU) with Ohmium International, marking a major milestone in the state's efforts to attract foreign investment. The investment is expected to create around 500 jobs in the region, providing a boost to the local economy and job market. CM Stalin highlighted the importance of this partnership in nurturing a green energy ecosystem and contributing to a sustainable future for Tamil Nadu. This initiative is part of the state government's ongoing efforts to promote green energy initiatives and attract investments to drive economic growth.