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Petronas to invest over Rs 34,000 crore in green hydrogen and ammonia plant in Tamil Nadu

  • 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.

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