Absolute Gramya Private Limited Announces ₹1,500 Crore Investment in Green Hydrogen Plant in Madhya Pradesh

Bhopal, December 24, 2024 : Absolute Gramya Private Limited, a trailblazer in sustainable economic development and rural empowerment, has unveiled its ambitious plans to establish a state-of-the-art Green Hydrogen Plant in Madhya Pradesh. With an investment of ₹1,500 crore, this transformative project will be executed in collaboration with a renowned German-based organization, marking a significant milestone in India's clean energy journey.

The Green Hydrogen Plant will not only reinforce Madhya Pradesh's position as a leader in green energy innovation but also make a substantial socioeconomic impact. The project is expected to generate 200 direct employment opportunities, create approximately 1,000 self-employment prospects, and indirectly support 500 additional jobs.

Dr. Pankaj Shukla, Chairman and Managing Director of Absolute Gramya Private Limited, shared his vision for the project, stating:

"Our ₹1,500 crore investment in this Green Hydrogen Plant reflects our unwavering commitment to sustainable development and green energy solutions. Partnering with a German-based organization brings global expertise to this initiative, ensuring cutting-edge technology and innovation. Beyond clean energy production, this project is about fostering inclusive growth by creating employment opportunities, empowering communities, and establishing Madhya Pradesh as a hub for green industrial advancement. Together, we aim to shape a future where economic growth and environmental stewardship go hand in hand."

The plant will focus on producing hydrogen through environmentally sustainable methods, significantly reducing carbon emissions while contributing to India's renewable energy goals. Absolute Gramya Private Limited is working closely with government bodies, industry experts, and local communities to ensure the project's success and long-term impact.

162 Modi Heights, 4th floor, Zone II
M.P. Nagar Bhopal

Gramya, a Private Limited Company set up with a mission to rural economic empowerment and formed with to express mission of empowering communities and creating opportunities for the underprivileged rural development, entrepreneurs' skill development, and strengthening social securities of rural masses to ensure sustainable and inclusive growth, by uplifting socially through environment-friendly interventions.

This release was published on openPR.