Business

Tamil Nadu in process of developing green hydrogen hub: Minister Rajaa

Tamil Nadu was leading the green energy transition revolution and was in the process of developing a green hydrogen hub, Industries Minister T R B Rajaa said here on Tuesday.
At the India EV Conclave event organised on the theme ‘Electrifying Tomorrow: Navigating the EV Transition”, he said 50 per cent of installed energy capacity in the state was green and the government was targeting to increase it to 75 per cent.
“Tamil Nadu is leading the green energy transition revolution. The government’s commitment and efforts were acknowledged with the ‘UN Promotion Award 2023 for Excellence in Scaling Up Energy Transition Investments’ at the recent World Investment Forum held in the UAE,” he said.
“We are in the process of developing a green hydrogen hub. If we also have a robust electric vehicle charging infrastructure, the transition from fossil-fuel dependency to green energy sources and renewables will benefit all,” the minister said.
He said leading electric vehicle players such as Ola, TVS Motor and Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Thiruvallur and E-Royce Motors in Coimbatore contribute to large-scale production of such vehicles in Tamil Nadu.
“Our state, led by Chief Minister M K Stalin, is policy driven and has a clear vision of inclusive, sustainable growth. Tamil Nadu is among the few states with a future-ready EV policy,” Rajaa said.
The policy has paved the way for revolutionary changes in the way people commute, backed by the ‘battery-as-a-service’ initiative, he said. Rajaa added that the electric vehicle sector would get tremendous visibility during the forthcoming Tamil Nadu Global Investors Meet to be held in January next year.
Bharat Express English

Recent Posts

India’s Forex Reserves Rise For Eighth Consecutive Week; Reach $688 Billion

India’s forex reserves rose by $1.983 billion to $688.129 billion in the week ending 25…

12 mins ago

Made-In-India Car Models Find Greater Success In Global Exports Surpass Domestic Sales

India’s auto industry is witnessing a notable shift as several models manufactured in the country…

12 mins ago

Apple To Scale Up iPhone Production In India To $40 Billion By FY26

Apple plans to boost iPhone production in India to nearly $40 billion by FY 2025-26,…

33 mins ago

India’s Job Market Booms With 30% Surge In Applications; Led By Women & Freshers

India’s workforce kicked off 2025 with strong momentum, as job applications surged 30% year-on-year in…

36 mins ago

Indian Navy Completes MIGM Validation Trial; Enhances Naval Defence Capabilities

The DRDO and the Indian Navy have completed the validation trial of the Multi-Influence Ground…

45 mins ago

UPI QR Codes Surge 91.5% In FY25; Credit Card Growth Slows

India's digital payments landscape has experienced significant shifts in the financial year 2024–25, with UPI…

1 hour ago