NEW DELHI: GH2 Solar Limited, a solar EPC (Engineering, Procurement, and Construction) company, on Monday announced the launch of a Rs 400 crore Green Hydrogen Electrolyzer Manufacturing Facility in joint venture with Korea-based AHES Ltd.
The facility will be established in Piparsewa, located in the Morena district of Madhya Pradesh.
According to the company, the facility will initially have an annual manufacturing capacity of 105 MW, awarded under SECI’s SIGHT program, and supported by a Rs 157.5 crore Production Linked Incentive (PLI) subsidy.
The total investment for the project is estimated at Rs 400 crore, with Rs 100 crore allocated in the first phase to set up a 3 GWh Battery Energy Storage System (BESS) assembly line. The remaining Rs 300 crore will be invested in phases by 2030 to expand the facility and scale up production.
“Through global partnerships, we are bringing cutting-edge decarbonization technologies to India. Government support enables us to effectively leverage local resources,” said Anurag Jain, Founder and CEO of GH2 Solar.
“We are committed to collaborating with academic institutions and skill development centers to train engineers and technicians, ensuring India has a robust workforce to drive green hydrogen technologies forward. Ultimately, our goal is to build a complete clean energy ecosystem that positions India as a leading producer and exporter of green hydrogen, realizing the vision of Atmanirbhar Bharat.”
As part of the joint venture, GH2 Solar will introduce advanced alkaline electrolyzer technology to India, with plans to expand into PEM (Proton Exchange Membrane) and other next-generation systems in the future.
The company has also partnered with UK-based Rhizome Energy to incorporate sustainable design principles and advanced engineering practices into the facility’s development. The aim is to ensure that the manufacturing processes are competitive, efficient, and tailored to Indian environmental conditions — further supporting India’s ambition to become a global hub for green hydrogen.
Prof. Joong-Hee Lee, CEO of AHES Ltd., emphasized the importance of international collaboration in the transition to clean energy:
“The future is green, and no nation can achieve it alone. Our joint venture with GH2 Solar brings this vision closer by producing electrolyzers in India for the world.
India already has skilled manpower, strong public institutions, and crucial government policy and funding support. We are proud to contribute to this ecosystem and believe our Gwalior-area facility will play a key role in shaping the world’s green energy future.”
GH2 Solar has outlined plans to expand the electrolyzer manufacturing capacity to 500 MW by 2030, directly supporting India’s National Green Hydrogen Mission, which aims to produce 5 million tonnes of green hydrogen annually by 2030.
GH2 Solar Limited is one of only five companies in India’s PLI scheme for both green hydrogen production and electrolyser manufacturing.