US-based Ohmium to Establish New Manufacturing Facility in Chengalpattu
Ohmium International, Inc., a US-based company specializing in green hydrogen production, is set to invest Rs 400 crore in Tamil Nadu. This investment will fund a new manufacturing facility in the Chengalpattu district, creating 500 jobs. The announcement was made by Chief Minister M K Stalin during his visit to the United States, where he is currently engaged in discussions to attract investments to Tamil Nadu. The signing of the Memorandum of Understanding (MoU) took place in the presence of Industries Minister TRB Rajaa and senior government officials
A Boost for Green Energy in India
“This MoU with Ohmium International represents a critical milestone in building a robust green energy ecosystem in Tamil Nadu and promoting sustainable growth,” said Chief Minister Stalin in a social media post. The collaboration aligns with the state’s efforts to foster advancements in renewable energy and sustainable industrial practices.
Ohmium’s Global Expansion and Innovative Technology
Ohmium International is known for its innovative Proton Exchange Membrane (PEM) electrolyzers, which are modular and scalable, allowing for cost-effective green hydrogen production. The company supports a range of industries with its electro-chemical products, aiming to advance sustainable energy solutions globally. With manufacturing operations already established in India, this new facility marks another step in Ohmium’s expansion, following a successful Series C funding round of $250 million led by TPG Rise Climate in 2023.
