Motilal Oswal Group invests INR 1,500 crore in Inox Clean Energy to fund renewable energy expansion and acquisitions
Type: Investment · Technology: Solar · Country: India · Value: INR 180M · Announced: 2026-08-13
Motilal Oswal Group invested INR 1,500 crore in Inox Clean Energy Limited. The funding will support Inox Clean Energy's plan to reach more than 6 GW of renewable capacity by fiscal year 2027. The capital will be used to expand solar manufacturing facilities in India and the United States, taking advantage of tax incentives. Inox Clean Energy is a subsidiary of the INOXGFL Group, positioning the group to strengthen its presence in the Indian solar market. The investment underscores Motilal Oswal Group's focus on clean‑energy assets and provides Inox with the financial resources to pursue further acquisitions. No advisors or lenders are disclosed in the announcement.
Counterparties
- Motilal Oswal Group (Investor)
- Inox Clean Energy Limited (Investee)
- InoxGFL Group (Parent Company)
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