Luxembourg firm to invest ₹83,480 crore in Karnataka green hydrogen, data centre project

A Luxembourg firm has announced plans to invest ₹83,480 crore in an integrated green hydrogen and data centre project in Karnataka, positioning the southern state as a hub for clean energy and digital infrastructure development. The project represents one of the largest foreign direct investments in the renewable energy sector in India, combining hydrogen production with data centre operations to leverage synergies between the two industries.

The green hydrogen component of the project will focus on producing clean fuel through renewable energy sources, addressing India's energy transition goals and industrial decarbonization requirements. The facility is expected to support various industrial applications while generating employment opportunities in the region.

Karnataka has emerged as a preferred destination for large-scale infrastructure investments, backed by supportive government policies, reliable power infrastructure, and a skilled workforce. The project aligns with the state's vision to become a leader in renewable energy adoption and digital economy growth.

The investment is expected to strengthen Karnataka's position in the global green energy market while contributing to India's climate commitments. The integrated approach combining hydrogen production with data centre operations reflects growing industry trends toward sustainable and energy-efficient operations, with data centres increasingly powered by renewable sources.

The project timeline and operational details are expected to be finalized following further discussions between the investor and Karnataka authorities.