Tamilnadu government and Petronas is in the process of identifying land for its proposed green hydrogen and ammonia plants in Tamil Nadu.
The Malaysia-based company, which signed a Memorandum of Understanding with the Tamil Nadu government in July 2022, is said to be looking for a land parcel of up to 10,000 acres to build its proposed Green Hydrogen and Ammonia plant in the state.
“They (Petronas) are examining the land availability. Their land requirement is in the range of 10,000 acres for the green hydrogen and ammonia plant. They also need solar plants to support and operate the plants. Other similar investors have found southern Tamil Nadu to be viable for such projects,” a highly placed State government official told DT Next.
“The government can offer two kinds of support to them. Either capital subsidy or turnover subsidy. They must tell the government what they prefer,” the officer added, before revealing that the proposed investment by Japan-based Mitsubishi was also in the advanced stage of signing the MoU.
“Mitsubishi has sought the approval of the government. It must be placed before the Cabinet for approval. It is in the advanced stage of signing MoU,” the officer added.
