 "MK Stalin, Stalin, TRB Rajaa")
Tamil Nadu Chief Minister MK Stalin on Wednesday laid the foundation stone of 28 industrial projects with a total investment of Rs 51,157 crore and inaugurated 19 additional projects with an investment of Rs 17,616 crore. The biggest of them was a green ammonia plant to be built by Singapore-based energy producer Sembcorp Industries for Rs 36,238 crore.
The plant, which is coming up in the southern state’s port city of Tuticorin, will export zero-emission fuel to Japan and is expecting to produce 200,000 tonnes of green ammonia per annum.
The company said in a statement that Nippon Yusen Kabushiki Kaisha will oversee the maritime
transportation of green ammonia from India to Japan.
The deal was signed between Sembcorp Green Hydrogen Pte Ltd., Kyushu Electric Power Company, Sojitz Corporation and Nippon Yusen Kabushiki Kaisha to build and export the gas.
“Tamil Nadu was the pioneer in wind energy; now it is set to be the pioneer in hydrogen as well. Our investment in the state reflects the deep relationship between India, Singapore and Japan,” said Vipul Thuli, chief executive officer (South Asia), Hydrogen Business, SembCorp Industries.
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The 47 projects are likely to create over 100,000 jobs.
Other major projects that were inaugurated on the day include Rs 2,600 crore unit by Motherson Electronic Components in Kancheepuram, Rs 3,500 crore L&T Innovation Campus in Chennai, Rs 2,850 crore unit by TVS Indeon (Lucas TVS) in Tiruvallur district, Rs 2,000 crore industrial park by Jurojin Developers (House of Hiranandani) in Kancheepuram, and Rs 1,411 crore investment by Sundaram Fasteners in Chengalpattu.
In January 2024, the state had signed 631 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. Since we came to power in May 2021, our dispensation has attracted investment pledges worth Rs 9.74 trillion and direct and indirect jobs for 3.1 million people,” Stalin said.
State industries minister TRB Rajaa said that Tamil Nadu is the first state to roll out green hydrogen project in the country.
Another major investment was by Greenko for Rs 20,130 crore to set up integrated close-loop pump storage systems in three districts.
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 "Sometime at the end of August, Tamil Nadu Chief Minister (CM) M K Stalin will travel to the US to solicit investment for the state. He will be away for nearly three weeks. Some say this is routine and like other chief ministers, he too is going to ro")
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