Nullam dignissim, ante scelerisque the is euismod fermentum odio sem semper the is erat, a feugiat leo urna eget eros. Duis Aenean a imperdiet risus.
Nullam dignissim, ante scelerisque the is euismod fermentum odio sem semper the is erat, a feugiat leo urna eget eros. Duis Aenean a imperdiet risus.
SunSource co-founder Kushagra Nandan has launched LNK Energy with plans to invest ₹10,000 crore over five years across solar manufacturing, green fuels and renewable power development
Renewable energy investor Kushagra Nandan, who cofounded SunSource Energy in 2011 and biofuel firm REnergy Dynamics (RED) in 2024, has launched a new clean technology company, LNK Energy, along with investor Varun Karad and Paritosh Ladhani, joint managing director of SLMG Beverages, India’s largest Coca-Cola bottler.
The trio plans to invest around ₹10,000 crore over the next five years to set up a solar equipment manufacturing factory in Maharashtra, and later expand operations into green fuels, including green hydrogen, renewable energy development, and energy storage.
The first project involves a 6 gigawatt solar cell and module manufacturing plant with integrated ingot and wafer facilities at Chhatrapati Sambhajinagar in Maharashtra. The company, incorporated last year, has already signed a memorandum of understanding with the Maharashtra government for the project.
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, the three investors told Business Standard in an interview.