CHENNAI: Tamil Nadu has secured a Rs 400 crore investments from US-based Ohmium Worldwide, Inc., to arrange a producing facility within the state, Chief Minister M Ok Stalin mentioned on Sunday. Stalin accompanied by Minister for Industries TRB Rajaa and senior authorities officers had been current on the signing of Memorandum of Understanding between Ohmium and the state authorities for the upcoming challenge in neighbouring Chengalpattu district.
“One other profitable day in San Francisco. Now we have secured a Rs 400 crore funding from Ohmium in Chengalpattu district, creating 500 jobs,” Stalin mentioned.
The chief minister is at the moment on a go to to the US in search of investments to Tamil Nadu.
“This (the signing of MoU with Ohmium Worldwide) marks a major step in nurturing the ecosystem for inexperienced vitality manufacturing and fuelling a sustainable future,” the chief minister wrote in a social media publish.
In keeping with the web site of Ohmium Worldwide, the corporate designs, manufactures modular, scalable Proton Trade Membrane (PEM) electrolyzers that allow cost-competitive inexperienced hydrogen manufacturing.
The corporate’s suite of electro-chemical merchandise assist prospects obtain their sustainable vitality targets throughout varied industrial transportation and vitality tasks.
Ohmium Worldwide has operations worldwide and has manufacturing services in India. In 2023, the corporate raised $250 million in Collection C financing, led by TPG Rise Local weather, the web site mentioned.
“One other profitable day in San Francisco. Now we have secured a Rs 400 crore funding from Ohmium in Chengalpattu district, creating 500 jobs,” Stalin mentioned.
The chief minister is at the moment on a go to to the US in search of investments to Tamil Nadu.
“This (the signing of MoU with Ohmium Worldwide) marks a major step in nurturing the ecosystem for inexperienced vitality manufacturing and fuelling a sustainable future,” the chief minister wrote in a social media publish.
In keeping with the web site of Ohmium Worldwide, the corporate designs, manufactures modular, scalable Proton Trade Membrane (PEM) electrolyzers that allow cost-competitive inexperienced hydrogen manufacturing.
The corporate’s suite of electro-chemical merchandise assist prospects obtain their sustainable vitality targets throughout varied industrial transportation and vitality tasks.
Ohmium Worldwide has operations worldwide and has manufacturing services in India. In 2023, the corporate raised $250 million in Collection C financing, led by TPG Rise Local weather, the web site mentioned.
