Tamil Nadu's Ohmium Partnership: Green Hydrogen Factory to Boost Economy
Key Ideas
- Tamil Nadu signed an MoU with Ohmium to establish a green hydrogen factory, investing Rs 400 crores and creating 500 job opportunities in Chengalpattu district.
- Chief Minister M.K. Stalin aims to attract investments to make Tamil Nadu a USD one trillion economy by 2030, focusing on industrial growth and job creation for youth.
- In addition to the Ohmium partnership, Tamil Nadu secured investments from global companies like Nokia, PayPal, and Google, totaling Rs 900 crores and creating 4,100 jobs in various cities.
- Ohmium, known for designing green hydrogen production systems, is set to contribute to Tamil Nadu's industrial sector growth with its scalable Proton Exchange Membrane (PEM) electrolyzer technology.
The Tamil Nadu government, led by Chief Minister M.K. Stalin, signed a Memorandum of Understanding with Ohmium to establish a new electrolyzers and green hydrogen factory in Chengalpattu district, with an investment of Rs 400 crores. This initiative is expected to generate employment for 500 individuals, contributing to the economic development of the region. The MoU signing took place in San Francisco during Mr. Stalin's official visit to the USA to attract investments to Tamil Nadu and propel the state towards becoming a USD one trillion economy by 2030. The partnership with Ohmium aligns with the government's focus on industrial growth and creating job opportunities for the youth. This collaboration is part of a larger effort that includes securing investments from global companies like Nokia, PayPal, and Google, amounting to Rs 900 crores and creating 4,100 jobs across Chennai, Coimbatore, and Madurai. Ohmium, a company specializing in green hydrogen production and Proton Exchange Membrane (PEM) electrolyzer systems, has a track record of establishing global green hydrogen pipelines. By joining forces with Ohmium, Tamil Nadu aims to leverage innovative technology to enhance its industrial sector. The event, attended by key officials and executives, signifies a significant step towards boosting economic growth and promoting sustainable practices in the region.
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