Petronas, the Malaysian state-owned oil and gas company, plans to invest over Rs 34,000 crore in building a green hydrogen and ammonia plant in southern Tamil Nadu.
Petronas has been searching for suitable land to set up a green hydrogen project in southern Tamil Nadu. This project is part of the Tamil Nadu government's approval of five investment projects.
Petronas' investment in the green hydrogen sector is increasing, and it aims to expand its portfolio with the construction of a new plant in Tamil Nadu.
The Tamil Nadu state cabinet has approved the construction of a green hydrogen and ammonia plant by Petronas, which will contribute to the growth of the green energy sector in India.