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62 | September 2025 | www.industrialoutlook.in

P R

RESS ELEASE

GH2 SOLAR ANNOUNCES ₹400 CRORE GREEN

HYDROGEN ELECTROLYZER MANUFACTURING FACILITY IN

JOINT VENTURE WITH KOREA-BASED AHES LTD

GH2 Solar Limited, a next

generation

renewable

energy

company and one of only five

companies in India Government’s

PLI scheme for both green hydro-

gen production and electrolyser

manufacturing, announced a major

milestone

under

India’s

Green

Hydrogen Mission its upcoming

state-of-the-art

Green

Hydrogen

Electrolyzer Manufacturing Facility

in Gwalior, Madhya Pradesh, in

joint

venture

with

South Ko-

rea-based Advanced Hydrogen En-

ergy Solutions (AHES) Ltd.

The facility located in Pipersewa,

Morena district (Madhya Pradesh),

will begin with an annual manufac-

turing capacity of 105 MW awarded

under SECI’s SIGHT program,

supported by ₹157.5 crore Produc-

tion Linked Incentive (PLI) subsidy.

The total investment in the project

is approximately ₹400 crore, with

₹100 crore allocated in the first

phase to set up a 3 GWh BESS

assembly line, and the remaining

₹300 crore to be invested in phases

by 2030 to expand the facility. GH2

Solar has also outlined plans to

expand the electrolyser capacity to

500 MW by 2030, directly contrib-

uting to the National Green Hydro-

gen Mission’s target of producing 5

million tonnes of green hydrogen

annually by 2030. The announce-

ment was marked by a Bhoomi

Pujan ceremony in Gwalior, graced

by Shri Dr. Mohan Yadav Ji,

Hon’ble Chief Minister of Madhya

Pradesh. The project was formally

announced by Mr. Anuraj Jain, CEO

and Founder of GH2 solar, along-

side Prof. Joong-Hee Lee, CEO of

AHES Ltd and Mr. Raj Sharma,

Director of Rhizome Energy, UK,

both key international partners of

GH2

Solar’s

green

hydrogen

journey.

Through the JV with AHES Ltd,

GH2 Solar will bring advanced

alkaline electrolyzer technology to

India, with future expansion into

PEM and other generation systems.

In addition, GH2 Solar’s partner-

ship with Rhizome Energy (UK)

will

embed

sustainable

design

principles and advanced engineer-

ing practices, to ensure the facility

is competitive, efficient and manu-

factures tailored solutions as per

● The upcoming facility in Gwalior, Madhya Pradesh, will have an annual capacity of producing 105MW of electrolysers,

with a roadmap to scale up to 500 MW by 2030, contributing direction to the National Green Hydrogen Mission.

● Supported by ₹157.5 crore Production Linked Incentive (PLI) subsidy, the project stems from a landmark MoU

between GH2 Solar and AHES Ltd. It will be backed by GH2 Solar’s UK based partner Rhizome Energy.

● ₹400 crore of total investment, with ₹100 crore allocated in the first phase to set up up a 3 GWh BESS assembly line,

and the remaining ₹300 crore to be invested in phases by 2030 to expand the facility

● The facility is expected to create 300+ direct jobs in the clean energy sector.

● Supported by Invest India and Skill council for Green Jobs to build renewable energy capabilities and train future

workforce in line with the Government of India’s Atmanirbhar Bharat Mission