Tamil Nadu to Become Green Hydrogen Capital: Sembcorp's Rs 36,238 Crore Investment
Key Ideas
- Sembcorp Industries is investing Rs 36,238 crore in Tamil Nadu's Tuticorin district to establish a green hydrogen/green ammonia manufacturing unit, making it the first commercial production of large-scale green hydrogen molecules in India.
- The plant, spread over 160 acres, will produce 200,000 metric tonne per annum of green ammonia for export to Japan, marking a significant step towards renewable energy and international collaboration.
- Tamil Nadu Chief Minister M K Stalin inaugurated the project during the Tamil Nadu investment conclave 2024, highlighting the state's leadership in renewable energy and its potential as the green hydrogen capital of India.
- The investment is expected to create over one lakh jobs and further strengthen the economic ties between India, Singapore, and Japan through the facilitation of cross-border export of green ammonia, representing a significant milestone in the region's sustainable development.
Singapore-based Sembcorp Industries is set to pioneer the commercial production of large-scale green hydrogen molecules in India with a massive investment of Rs 36,238 crore in Tamil Nadu's Tuticorin district. The project involves the establishment of a green hydrogen/green ammonia manufacturing unit, which will operate on a 160-acre site. The plant aims to produce 200,000 metric tonnes per annum of green ammonia, primarily for export to Japan, marking a significant leap towards sustainable energy production. The Chief Minister of Tamil Nadu, M K Stalin, laid the foundation stone for the facility during the Tamil Nadu investment conclave 2024, emphasizing the state's commitment to renewable energy and positioning it as the green hydrogen capital of India. The project is hailed as a symbol of deep cultural and investment ties between India, Singapore, and Japan, further solidifying the economic relationships in the region. The off-take agreement for the export of green ammonia to Japan signifies the first collaboration of its kind between the three nations and is expected to have a substantial positive impact on job creation and economic growth in the state. This investment not only showcases Tamil Nadu's leading role in renewable energy but also underlines its potential for sustainable industrial development and international collaboration.
Topics
Investing
Renewable Energy
Investment
Job Creation
International Collaboration
Economic Growth
Industrial Development
Export
State Government
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