Tamil Nadu Signs MoU with Ohmium for Green Hydrogen Factory in Chengalpattu
Key Ideas
- Tamil Nadu government signed an MoU with Ohmium for a Rs 400 crore investment in a new electrolyzers and green hydrogen factory in Chengalpattu district.
- The project is expected to create job opportunities for 500 people, contributing to the state's economic growth and sustainable energy goals.
- Chief Minister M.K. Stalin expressed enthusiasm about the investment, highlighting the significance of promoting green energy production for a sustainable future.
- This initiative is part of Tamil Nadu's strategy to attract investments and achieve the target of becoming a USD one trillion economy by 2030.
The Tamil Nadu government has signed a Memorandum of Understanding (MoU) with Ohmium to establish a new electrolyzers and green hydrogen factory in Chengalpattu district, India. This investment of Rs 400 crores aims to create employment opportunities for 500 individuals. The agreement, signed in the presence of Chief Minister M.K. Stalin in San Francisco, is part of a series of successful pacts with top US firms. The initiative is a significant move towards fostering green energy production and ensuring a sustainable future. Mr. Stalin, while on an official visit to the US, is focused on attracting investments to Tamil Nadu to boost economic growth and work towards the state's ambitious goal of becoming a USD one trillion economy by 2030.