Luxembourg firm iPC to invest ₹83,480 cr. in integrated green hydrogen, data centre project in Karnataka

Luxembourg-based iPC Global has announced plans to invest ₹83,480 crore in a green hydrogen and data centre project in Karnataka, India, in three phases. Large and Medium Industries Minister M.B. Patil met with iPC's high-level delegation led by Gursharan Singh Kundan, Managing Partner and Chairman. The first phase of the project, worth ₹17,114 crore, will focus on a gross investment in two data centre campuses of 200 MW each and a 500 MW green hydrogen and power complex.

The project aims to generate a total IT load of 2,250 MW and a green hydrogen capacity of 1,000 MW. iPC seeks 1,000 acres of land, with 400 acres each for data centres and green power, and an additional 200 acres for safety buffers. The project is projected to require around 13 MLD of water, with plans to recycle 80-85% of it.