LNK Energy Announces Launch With Rs 10,000 Crore Plan, 6 GW Module to Ingot Plan Starts First

LNK Energy, a new launch aiming to ride India's clean energy ambitions, has announced its arrival with an initial investment of INR 10,000 crore over 
the next five years. Backed by deep entrepreneurial experience and a long-term capital vision, LNK Energy areas of operations include advanced manufacturing, green fuels, and renewable energy generation. The company also announced its first project - a 6 GW solar cell, module with integrated ingot and wafer manufacturing facility spread  over 60 acres at Chhatrapati Sambhaji Nagar, Maharashtra.

Co-founded by Paritosh Ladhani, Joint Managing Director of SLMG Beverages, the  largest bottler of Coca Cola in India; Dr Kushaagra 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, LNK Energy will  focus on supporting sustainable growth, responsible industrial development, and 
long-term energy security for India.   

Advanced Technologies I World-Class Quality I Backward Integration

LNK Energy’s first major initiative will be the build out 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 project. India currently  has made steady progress on modules and cell manufacturing, but ingots and wafers are still in theior infancy, with less than 2 GW of active manufacturing  right now. Polyusilicon is also expected to pick up soon as Reliance progresses on its plans. 

Over time, LNK Energy will also manufacture key adjacencies such as junction boxes, battery platforms and related energy storage components, supporting the  development of a robust domestic clean-energy ecosystem.  

Green Fuels and Renewable Power Generation  

Following the establishment of its manufacturing base, LNK Energy also hopes to expand into green fuels, with a strong 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.

Founders’ Perspective 

Paritosh Ladhani, Co-Founder, LNK Energy, added, “Having built large, complex  manufacturing and supply-chain businesses over decades, we strongly believe that  scale, quality and execution discipline are non-negotiable. LNK Energy brings that  same institutional mindset to clean energy manufacturing, with a commitment to  global standards.”

Commenting on the launch, Dr Kushagra Nandan, Co-Founder, LNK Energy, said, “At a time when energy security, industrial self-reliance and decarbonisation are becoming national priorities, LNK Energy has been conceived as a long-term institution rather  than a short-cycle opportunity. We plan to combine scale, technology depth and capital  discipline for build long-term value creation.”

Varun Karad, Co-Founder LNK Energy, said, “The future of energy lies in integration— where manufacturing, green fuels and renewable power work together. LNK Energy has been structured to address exactly this convergence, using advanced technologies to  deliver reliable, scalable and sustainable energy solutions for industry and the economy.”