Luxembourg firm plans ₹83,480 crore green hydrogen and data centre complex in Karnataka

Luxembourg-based Innovation Platform Capital (iPC) has sought 1,000 acres of land in Karnataka to anchor an ambitious three-phase green hydrogen and data centre complex worth ₹83,480 crore, with the state government evaluating the proposal's land and water requirements.

A delegation led by Gursharan Singh Kundan, Managing Partner and Chairman of iPC Global, presented the integrated Bengaluru-Tumakuru platform blueprint to Large and Medium Industries Minister M.B. Patil on Monday. The firm, which operates in digital infrastructure, renewable energy and green hydrogen sectors, envisions a network capable of supporting 2,250 MW of IT load, equivalent to computing equipment drawing 2,250,000,000 watts, alongside a 1,000 MW green hydrogen capacity across the full build-out.

First phase pegged at ₹17,114 crore

The opening phase alone would involve a gross investment of ₹17,114 crore, Minister Patil said. This tranche comprises 400 MW of data-centre capacity split between two 200-MW campuses, along with a 500-MW green hydrogen and power complex.

Of the 1,000-acre footprint the company has requested, roughly 400 acres each would house the data centres and the green power complex, according to the Minister. A further 200 acres would serve as safety and environmental buffers, including a separation zone mandated for the hydrogen facility.

Water demand and recycling

The project is projected to consume around 13 million litres of water per day, which iPC plans to draw primarily from treated industrial or common effluent treatment plant (CETP) effluent. The company proposes to recycle 80, 85 per cent of that volume, relying on limited borewell extraction only as backup.

Karnataka has emerged as a favoured destination for hyperscale data centres and clean-energy projects, and the iPC proposal, if it advances, would rank among the largest single-company commitments in the state's industrial pipeline. The dual focus on hydrogen production and high-density computing underscores the growing convergence of energy transition and digital infrastructure in investment planning.

Source: The Hindu