Powering Up: Motilal Oswal Backs Inox Clean Energy with ₹1,500 Cr

Motilal Oswal Group has pledged a massive ₹1,500 crore investment into Inox Clean Energy, the green energy arm of the INOXGFL Group, with ₹1,000 crore already delivered via CCDs.

Coming on the heels of a ₹700-crore investment by the Adar Poonawalla Family Office, this fresh capital will supercharge Inox Clean Energy’s aggressive expansion. Backed by a powerhouse roster of global and domestic investors—including CalPERS, Hero Group, and RJ Corp—the company plans to leverage the funds for major domestic and international acquisitions, scaling up a portfolio that already spans assets from Boviet Solar, Vena Energy, Vibrant Energy, SunSource Energy, and SkyPower.

News by Rahul Yelligetti.