Inkel Unlisted Shares
INKEL to invest ₹200 crore in group captive solar power project
The Hindu
2 min read
Inkel to Invest ₹200 Crore in Malappuram Solar Project.
Expert Analysis :
Investment Commitment: Inkel Limited will invest ₹200 crore in a renewable energy project using the group captive model.
Project Phase 1: The first phase involves a 23.2-MW solar power project in Malappuram, in collaboration with commercial and industrial groups.
Government Participation: A term sheet was signed in the presence of Industries Minister P. Rajeeve.
Future Expansion Plans: Inkel plans to purchase land in Kasaragod and Palakkad to expand group captive solar projects.
Broader Investment Agenda: At the ‘Invest Kerala’ initiative, Inkel announced a ₹1,135 crore investment across renewables, logistics, roads, and infrastructure.
Inkel's ₹200 crore solar project marks strategic growth in renewables, reinforcing its ₹1,135 crore infrastructure investment roadmap.
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