India's LNK Energy Plans $1.2B Clean Energy Push

India just got a powerful new player in the race toward clean energy independence.

Three experienced entrepreneurs unveiled LNK Energy at the World Economic Forum in Davos, announcing plans to invest 10,000 crore rupees (about $1.2 billion) over the next five years. Their vision combines solar manufacturing, renewable energy generation, and green hydrogen production into one integrated platform.

The journey begins with action already underway. LNK Energy is building a 6 GW solar cell and module manufacturing plant on 60 acres in Chhatrapati Sambhaji Nagar, Maharashtra, with formal backing from the state government. The facility will produce high-efficiency solar cells using cutting-edge technology and international best practices.

But the company isn't stopping at solar panels. Plans include manufacturing essential components like junction boxes and battery storage systems, strengthening India's domestic clean energy supply chain. This matters because it reduces dependence on imported equipment and keeps more jobs and expertise within the country.

Phase two brings green hydrogen into the mix. Once manufacturing is established, LNK Energy will focus on producing green hydrogen to help decarbonize industries that currently struggle to eliminate emissions, like steel and cement production. Green hydrogen, made using renewable energy, offers these heavy industries a path to clean operations without sacrificing productivity.

The platform's third pillar involves generating renewable energy as an Independent Power Producer. By combining solar, storage, and other renewable sources, LNK Energy plans to create a fully integrated system where manufacturing, fuel production, and power generation support each other.

The founding team brings serious credentials. Paritosh Ladhani serves as Joint Managing Director of SLMG Beverages, Kushagra Nandan co-founded REnergy Dynamics and previously led SunSource Energy, and Varun Karad brings bioenergy expertise as CEO of the new venture.

The Ripple Effect

This investment does more than add clean energy capacity. By building integrated manufacturing in India, LNK Energy creates skilled jobs, reduces the country's energy import bills, and helps meet national climate goals. The green hydrogen production could transform how India's largest industrial polluters operate, proving that heavy industry and environmental responsibility can work together.

When domestic companies lead clean energy development, the benefits multiply throughout local economies through construction jobs, technical training, and long-term operations.

India's clean energy future just got $1.2 billion brighter.