GH2 Solar, Korea’s Ahes To Invest Rs 400 Cr In Green Hydrogen Electrolyser Facility In Gwalior

Plant to start with 105 MW capacity, scale up to 500 MW by 2030 under National Green Hydrogen Mission
Renewable energy player GH2 Solar, in joint venture with South Korea-based Advanced Hydrogen Energy Solutions (Ahes), will set up a Rs 400 crore green hydrogen electrolyser manufacturing facility in Gwalior, Madhya Pradesh.
Located in Pipersewa, Morena district, the plant will begin with an annual production capacity of 105 MW of electrolysers under the Solar Energy Corporation of India’s (Seci) Sight programme. The facility will be supported by a Rs 157.5 crore production-linked incentive (PLI) subsidy and has a roadmap to scale up to 500 MW by 2030, contributing to India’s National Green Hydrogen Mission target of producing 5 million tonnes of green hydrogen annually by the same year.
The first phase of the investment, worth Rs 100 crore, will establish a 3 GWh battery energy storage system (Bess) assembly line. The remaining Rs 300 crore will be infused in phases until 2030 to expand manufacturing capacity. The project is backed by GH2 Solar’s UK partner, Rhizome Energy.
The Bhoomi Pujan ceremony in Gwalior was attended by Madhya Pradesh Chief Minister Mohan Yadav. The announcement was made by Anurag Jain, founder and chief executive officer, GH2 Solar, alongside Joong-Hee Lee, chief executive officer, AHES Ltd, and Raj Sharma, director, Rhizome Energy, UK.
“As India advances towards energy independence and transitions from fossil fuels to green hydrogen, our facility will play a critical role in this journey. Through global partnerships, we are bringing cutting-edge decarbonisation technologies while leveraging local resources. We are also committed to training engineers and technicians, ensuring India has a robust workforce to drive green hydrogen forward,” said GH2 Solar CEO Jain.
Lee of Ahes added, “The future is green, and no nation can achieve it alone. Our joint venture with GH2 Solar brings this vision closer by producing electrolysers in India for the world. With skilled manpower, strong institutions and supportive policies, India is the right place to lead this transition.”
The facility is expected to create over 300 direct jobs in manufacturing, operations and research, along with indirect employment across supply chain and logistics. It is supported by Invest India and the Skill Council for Green Jobs to build renewable energy capabilities in line with the Atmanirbhar Bharat Mission.
By targeting hard-to-abate sectors such as steel, fertilisers and refineries, the project aims to support India’s net-zero ambitions by 2070, while also opening up opportunities for green hydrogen exports to Europe and East Asia.