Luxembourg-based Innovation Platform Capital (iPC) has proposed a massive ₹83,480 crore investment in Karnataka to develop integrated green hydrogen and hyperscale data centres across three phases.
- Total proposed investment: ₹83,480 crore.
- Focus areas: Green Hydrogen and Hyperscale Data Centres.
- Phase 1 investment: ₹17,114 crore.
- Land requirement: 1,000 acres.
In a significant boost to Karnataka's industrial landscape, Luxembourg-based Innovation Platform Capital (iPC) has proposed a mega investment of ₹83,480 crore. The project, which spans three phases, aims to integrate renewable energy through green hydrogen with cutting-edge digital infrastructure via hyperscale data centres.
M.B. Patil, the Large and Medium Industries Minister of Karnataka, revealed the details following a high-level meeting with an iPC delegation led by Gursharan Singh Kundan, Managing Partner and Chairman of iPC Global. The proposed project will be situated across the Bengaluru-Tumakuru region, featuring a total IT load of 2,250 MW and a green hydrogen capacity of 1,000 MW.
Phased Implementation and Scale
The project is structured to be executed in three distinct stages. The current proposal focuses on the first phase, which involves a gross investment of ₹17,114 crore. This initial stage will include 400 MW of data-centre capacity, split into two 200 MW campuses, complemented by a 500 MW green hydrogen and power complex.
Land Acquisition and Sustainability
To accommodate this massive infrastructure, the company has requested 1,000 acres of land. The plan allocates 400 acres each for the data centres and the green power complex, while the remaining 200 acres are designated for environmental buffers and safety zones for the hydrogen facility. Sustainability is a core component, with the project requiring 13 million litres of water per day (MLD), primarily sourced from treated industrial effluent with a recycling target of 80–85%.
Why This Matters
BozokMedia analysis shows that this move positions Karnataka as a dual leader in both the digital economy and the green energy transition. By combining high-density computing with renewable hydrogen, the state is setting a global benchmark for sustainable industrial development.
This integrated approach to energy and data infrastructure represents the next frontier of industrial evolution in emerging markets.
Frequently Asked Questions
1. What is the total scale of the iPC project in Karnataka?
The total proposed investment is ₹83,480 crore, covering green hydrogen and data centre infrastructure.
2. How will the project manage its water requirements?
The project will use 13 MLD of water, mostly from treated industrial effluent, and aims to recycle 80–85% of it.