LNK Energy has announced its entry into India’s clean energy sector with a planned investment of ₹10,000 crore over the next five years. The company will operate as an integrated clean energy platform, focusing on advanced manufacturing, green fuels, and renewable energy generation. Its first major project is a 6 GW solar cell and module manufacturing facility in Maharashtra, which will produce high-efficiency solar cells and modules using advanced technologies. The facility will be spread across 60 acres and will manufacture ingots and wafers in addition to solar cells and modules.
The company has been co-founded by Paritosh Ladhani, Dr. Kushagra Nandan, and Varun Karad, who bring decades of experience in building large-scale manufacturing and supply-chain businesses. The founders aim to support sustainable growth, responsible industrial development, and long-term energy security for India. LNK Energy’s strategy focuses on end-to-end participation across the energy value chain, adoption of future-ready technologies, and disciplined long-term capital deployment.
In addition to solar manufacturing, the company plans to expand into the production of related components such as junction boxes, battery platforms, and energy storage systems. It will also focus on green fuels, particularly green hydrogen, to help decarbonize hard-to-abate sectors. LNK Energy will also develop a renewable power generation portfolio as an independent power producer and through hybrid open-access models integrating solar, storage, and other renewable sources.
The company’s approach is aimed at building a fully integrated platform covering manufacturing, fuels, and operating energy assets. The founders believe that the future of energy lies in integration across manufacturing, green fuels, and renewable power, and that LNK Energy is structured to address this convergence by deploying advanced technologies to deliver reliable, scalable, and sustainable energy solutions. With its planned investment and focus on clean energy, LNK Energy is poised to play a significant role in India’s transition to a more sustainable and environmentally friendly energy sector.