Inox Clean intends to utilise the funds to expand capacity in both its IPP and solar manufacturing operations. Inox Clean Energy Ltd, an INOXGFL Group company, has announced that it, along with its subsidiary Inox Solar Ltd, has tied up equity totalling approximately ₹31 billion. The equity round was closed at a pre-money valuation of...
Tag: Inox Clean Energy
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Inox Clean Energy Acquires 300 MWp SunSource Portfolio to Power Growth
Spread across 13 states, the portfolio runs via special‑purpose vehicles, supplying power under long‑term contracts to high‑rated commercial and industrial customers. Inox Clean Energy Ltd announced on Monday that its renewables independent power producer (IPP) arm, Inox Neo Energies Ltd, has acquired approximately 250 MWp of operational solar projects from SunSource Energy. The INOXGFL group...