Chennai, July 31 (KNN) The Industries, Investment Promotion and Commerce Department, Government of Tamil Nadu has received a proposal from Foreign, Commonwealth and Development Office (FCDO), Government of UK expressing interest in backing its assessment study on electrolyser manufacturing in Tamil Nadu, reported BusinessLine. 

This is part of the Accelerating Smart Power and Renewable Energy in India, a bilateral programme implemented by the FCDO in association with the Ministry of Power and the Ministry of New and Renewable Energy.

The FCDO is responsible for protecting and promoting British interests around the world.

Oliver Ballhatchet, British Deputy High Commissioner for Tamil Nadu and Puducherry and Nishant Krishna, Executive Director, Guidance Tamil Nadu, on Saturday exchanged the document on the project during an event.

Through this project the state government will understand the electrolyser manufacturing value chain, the possibility of indigenisation.

It will also get the policy support required for enabling electrolyser manufacturing, and measures required for enabling infrastructure to create a robust ecosystem for electrolyser manufacturing.

The project and its expected outcomes include an improved investment environment in Tamil Nadu and enhanced knowledge and skills in electrolyser manufacturing.

Through the Green Hydrogen Technical Assistance project, the UK will help Indian companies wanting to develop a framework for manufacturing electrolysers in Tamil Nadu, to expand the production of green hydrogen as a new source of power and heating in the state.

Transition to clean energy is a huge economic opportunity for India as well as one that would benefit the global climate agenda. Increasing the green cover, and preserving its fragile ecosystem while riding the road to becoming a trillion-dollar economy is ambitious yet achievable.

The many complementarities between the UK and Tamil Nadu can pave the way for achieving global climate goals, the release said.  (KNN Bureau)