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

Luxembourg-based Innovation Platform Capital (iPC), which has interests in digital infrastructure, renewable energy and green hydrogen, has proposed an investment of ₹83,480 crore in Karnataka in three phases, Large and Medium Industries Minister M.B. Patil said here on Monday.A high-level delegation from the company, led by Gursharan Singh Kundan, Managing Partner and Chairman, iPC Global, met the Minister who later said that iPC has proposed an integrated Bengaluru-Tumakuru green hydrogen and hyperscale data centre platform, with a total IT load of 2,250 MW (a network of computing equipment including servers, storage systems, and network routers that require 2,250,000,000 watts of electrical power) and green hydrogen capacity of 1,000 MW across three phases. The current proposal covers t