Tuticorin port secures over ₹1.27 lakh crore in green energy investment commitments

The V.O. Chidambaranar Port Authority (VOCPA), Tuticorin, has announced the signing of 28 Memorandums of Understanding (MoUs) with major domestic and international players in the green energy sector, unlocking investment commitments worth more than ₹1.27 lakh crore.

According to an official statement issued on Friday, the agreements mark a significant milestone in the port’s transition toward becoming a hub for clean energy infrastructure and sustainable maritime operations.

Among the key MoUs, the first was signed with Green Infra Renewable Energy Farms Pvt. Ltd. (GIREFPL) — a subsidiary of the Sembcorp Group — for the development of a common storage and tanking facility dedicated to green ammonia and other hydrogen-based derivatives, representing an investment of approximately ₹25,400 crore.

A second MoU was executed with ACME Green Hydrogen and Chemicals Pvt. Ltd. for setting up a 1,200 MTPD green ammonia production plant, valued at ₹12,000 crore, while a third agreement was inked with CGS Energy Pvt. Ltd. to establish a 300 TPD green ammonia project involving an investment of ₹5,000 crore.

VOCPA officials highlighted that these partnerships underscore Tamil Nadu’s growing prominence in India’s green hydrogen and ammonia ecosystem, aligning with the National Green Hydrogen Mission and the state’s commitment to low-carbon industrial development.

The port authority said the MoUs collectively aim to promote clean fuel production, storage, and export capabilities, fostering employment generation and positioning Tuticorin as a strategic gateway for India’s emerging green maritime and energy corridors.