Tamil Nadu set the ball rolling for projects worth Rs 69,000 crore

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Tamil Nadu set the ball rolling for projects worth Rs 69,000 crore - Business Standard

Quick Summary:

State industries minister TRB Rajaa said that Tamil Nadu is the first state to roll out a green hydrogen project in the country.

On Tuesday, a deal was signed between Sembcorp Green Hydrogen Pte Ltd., Kyushu Electric Power Company, Sojitz Corporation, and Nippon Yusen Kabushiki Kaisha in relation to cross-border green ammonia exports from India to Japan.

In January 2024, the state had signed 631 memorandums of understanding (MoUs) worth Rs 6.64 trillion with several companies as part of the third edition of the Global Investors’ Meet."These investments will result in direct jobs for 1.4 million people and indirect jobs for 1.2 million people.