LNK Energy has launched an integrated clean energy platform, with a planned investment of ₹100 billion (~$1.1 billion) over five years.

LNK Energy’s areas of operation include advanced manufacturing, green fuels, and renewable energy generation.

The company’s first project is a 6 GW solar cell and module manufacturing facility with integrated ingot and wafer production to be set up on over 60 acres at Chhatrapati Sambhaji Nagar, Maharashtra, for which it has signed a memorandum of understanding (MoU) with the Maharashtra government.

Co-founded by Paritosh Ladhani, Kushagra Nandan, and Varun Karad, LNK Energy aims to operate across the clean energy value chain, including advanced manufacturing, green fuels, and renewable power generation.

Speaking on the development, Paritosh Ladhani, Co-Founder of LNK Energy, said, “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.”

Varun Karad, Co-Founder of LNK Energy, added, “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.”

Beyond solar manufacturing, the company plans to expand into green hydrogen, energy storage, and renewable generation as an independent power producer (IPP), and through hybrid open-access models that integrate storage, solar, and other forms of renewable energy.

LNK Energy positions itself as a long-term, integrated platform aligned with India’s clean energy, manufacturing, and energy security goals.

India’s solar module manufacturing capacity under the Approved List of Models and Manufacturers (ALMM) has reached the 100 GW milestone, up from just 2.3 GW in 2014, according to Union Minister for New and Renewable Energy Pralhad Joshi. Joshi highlighted that this growth reflects not only the scale of capacity achieved but also the significant rise in the number of manufacturers, which has increased from 21 in 2021 to 100 at present. These manufacturers collectively operate 123 production units.

In 1H 2025, India added 44.2 GW of solar module manufacturing capacity and 7.5 GW of solar cell manufacturing capacity, according to Mercom India Research. As of June 2025, Indian manufacturers had nearly 182 GW of module and over 86 GW of cell capacity under construction, expected to be commissioned by 2027. In addition, 97 GW of module and about 85 GW of cell capacity were announced and projected to come online by 2030 or earlier.