Inox Green Energy Services (NSE:INOXGREEN, BOM:543667) has forayed into the solar manufacturing space through a promoter-held entity Inox Solar, according to Wednesday's filing to the stock exchanges.
With a projected capital expenditure of 15 billion Indian rupees, Inox Solar aims to produce 2.5 GW of solar cell manufacturing and 5 GW of solar modules.
Inox Solar's first solar module manufacturing unit with an initial capacity of 1.2 GW in Gujarat, India is expected to be operational by March 2025.
Through its group company Inox Renewable Solutions will also provide turnkey engineering, procurement, and construction (EPC) solutions, including land acquisition and power evacuation. It will offer post-commissioning operations and management services through Inox Green Energy Services.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。