Tamil Nadu Climate Summit 2022.At the launch of the Tamil Nadu Climate Change Mission, Chief Minister M K Stalin said that the state would not launch any more coal-fired power plants, in order to meet its emission reduction targets.
According to the state’s 'Climate Action Plan', Tamil Nadu would generate half of its electricity from renewable sources by 2030.
The announcement comes at a time when four of the state's coal-fired thermal power plants — Tuticorin I, II & III, Mettur I & II, North Chennai Stage-I and NLC-II Stage-I are due to be decommissioned as they approach the end of their 25 year life-span.
A special purpose vehicle (SPV) in the form of the Tamil Nadu Green Climate Company (TNGCC) has been made to implement the plan.
The state had earlier established a Green Climate Fund and a Governing Council for Climate Change under the leadership of the Chief Minister. The state government has contributed Rs 100 crore to the fund and plans to raise Rs 900 crore from external sources.
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