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Inox Solar on Monday said its arm Inox Clean Energy has commenced production at its solar module manufacturing facility in Bavla, Ahmedabad, Gujarat. The fully-automated plant, equipped with cutting-edge technology, manufactures N-type TOPCon solar modules using M10, G12R, and G12 solar cells, a company statement said. Inox Clean Energy Ltd's wholly-owned subsidiary, Inox Solar Ltd, on Monday announced the commencement of production at its solar module manufacturing facility in Bavla, Ahmedabad, Gujarat, with the first phase capacity of 1.2 GW from its 3 GW plant, according to the statement. This globally recognised module technology is the latest in solar manufacturing, offering higher efficiency, lower degradation, and superior reliability, setting a benchmark for modern solar installations. The bifacial modules further enable dual-sided power generation, boosting Capacity Utilisation Factor (CUF) and overall productivity. The Bavla facility is set to scale up further to 3 GW of
Inox Wind Ltd, India's leading wind energy solutions provider, on Tuesday said it has sold a Rs 175 crore stake in its EPC subsidiary, Inox Renewable Solutions Ltd, to investors at a valuation of Rs 7,400 crore. The post-merger valuation of Inox Renewable Solutions Ltd (IRSL), recently received no objection' from the stock exchanges, a company statement said. Inox Wind caters to Independent Power Producers (IPPs), utilities, PSUs, and corporate investors. Inox Wind Ltd (IWL) is a part of the USD 12 billion INOXGFL Group, which has a legacy of over nine decades and is primarily focused on two business verticals - chemicals and renewable energy, it said. IWL is a fully integrated player in the wind energy market with four state-of-the-art manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh, where blades, tubular towers, as well as hubs & nacelles are manufactured. Through its other subsidiary, Inox Renewable Solutions (earlier known as Resco Global Wind Services Pvt
Cinema exhibitor PVR INOX is looking to build on the momentum of a strong first quarter, tapping new good movie releases and consumer fatigue with OTT as it seeks to return to profitability, according to its Managing Director Ajay Bijli. Having recorded a 12 per cent year-on-year growth in people visiting the company's cinemas at 3.4 crore in the first quarter of this fiscal, despite a subdued April, the business has bounced back, Bijli told PTI. "We are obviously very happy that business has bounced back. We've always been very confident about the fact that Indian consumers will always consider going out and watching movies on the big screen as the number one form of entertainment," he noted. Watching movies on the big screen will coexist with all the other formats of consuming content, Bijli added. Asked when the company expects to be in the black, Bijli said, "Normally, I don't give any guidance...but all I can say is that the momentum is there, and all the movies that are comin
Inox Green on Wednesday said it has entered into an agreement to provide operations and maintenance (O&M) services for 675 MWp of solar projects of one of the country's leading renewable energy companies. This agreement marks Inox Green's entry into solar O&M -- a sector which is poised to increase multi-fold over the next decade, providing immense growth opportunities for the company, a company statement said. "We are thrilled to enter into this agreement with a marquee customer. With this, Inox Green has now forayed into solar O&M which offers large-scale growth opportunities for us in one of the fastest expanding industries. "We believe that with our expertise, credentials and relationships across customers in India, we will be able to rapidly grow our portfolio of assets under management," S K Mathu Sudhana, CEO of Inox Green, said. The projects are located at sites owned by the said company across multiple states, Inox Green said, without disclosing the name of the ...