Ohmium’s Rs 2,000 Crore Green Hydrogen Electrolyzer Factory Launches Near Bengaluru, Boosting Sustainability Efforts

BENGALURU: US-based company Ohmium has started its green hydrogen electrolyzer gigafactory in Doddaballapur, near Bengaluru, with an investment of about Rs 2000 crore.

Union Renewable Energy Minister Pralhad Joshi and State Industries Minister MB Patil inaugurated the factory. Ohmium specializes in designing and building cost-effective green hydrogen electrolyzers that enhance business efficiency and sustainability.

Commitment to Green Energy

Minister Joshi highlighted the government’s commitment to green energy under Prime Minister Narendra Modi. Over the past decade, India’s renewable energy capacity has increased by more than 2.5 times, from 76 GW in 2014 to over 195 GW in June 2024. Solar power has grown 30 times, from 3 GW in 2014 to over 85 GW now, and wind power has increased from 21 GW to over 46 GW.

“We are dedicated to achieving a carbon-neutral future,” Joshi wrote on social media platform X. He added that India is now a leading producer of green hydrogen, recognized by major companies like Tata Group and NTPC.

Increase In Capacity

At the event, Patil announced that the factory’s current capacity of 500 MW will gradually increase to 2,000 MW, creating more jobs. The factory uses renewable energy to split water into hydrogen and oxygen, producing green hydrogen.

This eco-friendly fuel can be used in various industries, helping India transition to clean energy. Green hydrogen, which has zero carbon footprint, can be used in fertilizer production, refinery processing, steel production, conventional vehicle transportation with methanol blending, and fuel-cell-based vehicles. It can also be stored and transported.

Karnataka’s Role

Patil noted that Karnataka is a preferred destination for industries due to its supportive policies and world-class research centers. The state plays a crucial role in India’s goal of becoming a $5 trillion economy by 2030.

The government prioritizes electric vehicles, renewable energy, and clean energy, driving growth in these sectors. Karnataka has consistently ranked high in attracting investments since 2016, thanks to its forward-looking initiatives.