GH2 Solar And Korea’s AHES Ltd Launch ₹400 Crore Joint Venture To Set Up Green Hydrogen Electrolyzer Manufacturing Facility
Representational image. Credit: Canva
GH2 Solar Limited, a next-generation renewable energy company and one of the five companies selected under the Government of India’s Production Linked Incentive (PLI) scheme for both green hydrogen production and electrolyser manufacturing, has announced a significant milestone under the National Green Hydrogen Mission. The company, in partnership with South Korea-based Advanced Hydrogen Energy Solutions (AHES) Ltd, is setting up a state-of-the-art Green Hydrogen Electrolyzer Manufacturing Facility in Gwalior, Madhya Pradesh.
The new facility, located at Pipersewa in Morena district, will initially have an annual manufacturing capacity of 105 MW under SECI’s SIGHT program, supported by a PLI subsidy of ₹157.5 crore. The project involves a total investment of around ₹400 crore, of which ₹100 crore will be deployed in the first phase for establishing a 3 GWh Battery Energy Storage System (BESS) assembly line. The remaining ₹300 crore will be invested in phases until 2030 to expand the electrolyser production capacity. GH2 Solar has also outlined plans to increase the electrolyser capacity to 500 MW by 2030, contributing directly to the government’s target of producing 5 million tonnes of green hydrogen annually by that year.
The announcement was marked with a Bhoomi Pujan ceremony in Gwalior, attended by Shri Dr. Mohan Yadav Ji, Hon’ble Chief Minister of Madhya Pradesh. The project was formally presented by Mr. Anuraj Jain, CEO and Founder of GH2 Solar, together with Prof. Joong-Hee Lee, CEO of AHES Ltd, and Mr. Raj Sharma, Director of Rhizome Energy, UK both key international partners in this initiative.
Mr. Anurag Jain, Founder and CEO, GH2 Solar, said in a statement, “As India advances towards energy independence and transitions from fossil fuels to green hydrogen, our Electrolyser Manufacturing Facility will play a critical role in this journey. Through global partnerships, we are bringing cutting-edge decarbonization technologies, while government support enables us to effectively leverage local resources.”
He also stated, “We are also 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, with the workforce and technology to truly realize the vision of Atmanirbhar Bharat.”
Adding to his perspective, Prof. Joong-Hee Lee, CEO of AHES, mentioned, “The future is green, and no nation can achieve it alone. The world must unite in its commitment to sustainable energy. Our joint venture with GH2 Solar, brings this vision closer by producing electrolysers in India for the world. India already has skilled manpower, strong public institutions, and crucial government policy and funding support. We are happy to contribute to this ecosystem and believe our Gwalior facility will be an important step in shaping the world’s green future.”
Through the joint venture with AHES Ltd, GH2 Solar will introduce advanced alkaline electrolyser technology in India, with future plans to expand into Proton Exchange Membrane (PEM) and other generation systems. In parallel, the collaboration with Rhizome Energy will embed sustainable design and advanced engineering practices to ensure the facility’s competitiveness, efficiency, and ability to manufacture solutions tailored for Indian operating conditions. This strengthens India’s ambition of becoming a global hub for green hydrogen.
The project also has the backing of public institutions including Invest India and the Skill Council for Green Jobs. Once operational, the facility is expected to create over 300 direct jobs in manufacturing, operations, and research, along with additional employment opportunities across the supply chain, logistics, and renewable energy services. By fostering local capabilities and workforce training, the project aligns with the Government of India’s Atmanirbhar Bharat Mission.
The Gwalior electrolyser facility will play a vital role in decarbonizing high-emission sectors such as steel, fertilizers, and refineries, while also creating opportunities for India to export green hydrogen technologies and solutions to Europe and East Asia. With its phased expansion and strategic global partnerships, the project marks a significant step forward in India’s journey toward its 2030 green hydrogen targets and its larger ambition of achieving net-zero emissions by 2070.