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Adar Poonawalla Family Office Invests ₹700 Crore in Inox Clean Energy

Adar Poonawalla Family Office Invests ₹700 Crore in Inox Clean Energy

The investment comes as the Noida‑based company has completed ten acquisitions in the past ten months, highlighting its rapid expansion strategy. Rising Sun Holdings Pvt. Ltd., the Adar Poonawalla family office, has invested ₹7 billion in Inox Clean Energy Ltd, the integrated renewable energy platform of the INOXGFL Group, at a valuation of ₹700 billion....

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CII Suggests Mandates and Incentives to Drive India’s Green Hydrogen Economy

CII Suggests Mandates and Incentives to Drive India’s Green Hydrogen Economy

Phased mandates, backed by carbon credits, cross‑subsidies, and viability gap funding, would help reduce the burden on consumers and industry. Greening mandates, backed by targeted incentives, are emerging as the most critical lever to spur demand for green hydrogen in India. Industry chamber, the Confederation of Indian Industry (CII), has urged the government to introduce...