Reportedly, INOXGFL Group has launched of Inox Solar to enter into solar manufacturing.
The company plans to achieve a manufacturing capacity of 5 GW for solar modules and 2.5 GW for solar cells by 2026, with a total investment of Rs 15 billion. The first phase includes a 1.2 GW production facility in Gujarat, set to produce TopCon modules and scheduled for commissioning by March 2025.
Inox Solar will provide turnkey engineering, procurement and construction solutions, covering land acquisition and power evacuation through its group entity, Inox Renewable Solutions Limited.