LNK Energy today announced its launch as a next-generation integrated clean energy platform, with a planned investment of INR 10,000 crore over the next five years. The company will focus on solar manufacturing, green fuels and renewable power generation.
LNK Energy is co-founded by Paritosh Ladhani, joint managing director of SLMG Beverages, the largest bottler of Coca Cola in India; Kushagra Nandan, co-founder, chairman and MD, REnergy Dynamics (RED), and co-founder & former MD of SunSource Energy; and Varun Karad, BioEnergy entrepreneur and co-founder and CEO, RED.
The company announced that its first major project is the construction of a 6 GW solar cell and module manufacturing facility with integrated ingot and wafer plant at Chhatrapati Sambhaji Nagar, Maharashtra, spread across 60+ acres. The facility will manufacture high-efficiency solar cells and modules using advanced technologies and global best practices. LNK Energy has recently signed an MOU with the Maharashtra Government for setting up the facility.
Over time, LNK Energy will also manufacture junction boxes, battery platforms and related energy storage components, supporting the development of a robust domestic clean-energy ecosystem.
Following the establishment of its manufacturing base, LNK Energy will expand into green fuels, with a focus on Green Hydrogen, aimed at enabling decarbonisation of hard-to-abate sectors through scalable, technology-led solutions.
In parallel, the company will build a renewable energy generation portfolio as an independent power producer (IPP) and through hybrid open access solutions, integrating storage, solar and other forms of renewable energy—creating a fully integrated platform spanning manufacturing, fuels and operating assets.
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