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INOX Clean plans IPO comeback after ₹700 crore investment from Poonawalla family office
INOX Clean plans to refile its IPO papers in the coming months after strengthening its renewable energy business through a series of acquisitions. The company also announced a ₹700 crore investment from the Poonawalla family office, valuing the business at ₹70,000 crore.
Adar Poonawalla Family Office Invests Rs 700 Crore In Inox Clean At Rs 70,000 Crore Valuation
File image of Adar Poonawalla
Adar Poonawalla Family Office invests ₹700 crore in Inox Clean Energy at ₹70,000 crore valuation
The renewable energy company will use the fresh funds to expand projects, boost manufacturing and pursue more acquisitions after completing 10 deals in the past 10 months.
Adar Poonawalla Family Office invests Rs 700 crore in Inox Clean
Adar Poonawalla's family office has injected Rs 700 crore into Inox Clean Energy, This significant investment bolsters Inox Clean's integrated platform, which now includes solar manufacturing and independent power production, following a series of strategic acquisitions. The capital infusion aims to fuel further expansion, including new projects and manufacturing capacity, reinforcing its position in the clean energy sector.
Inox Wind rises after inking MoU with Inox Clean Energy
Inox Wind (IWL) rose 1.81% to Rs 91.49 after the company announced that it has signed a memorandum of understanding (MoU) with Inox Clean Energy (Inox Clean) for the supply of 1,500 MW of wind turbines.
Inox Wind inks MoU with Inox Clean to supply 1,500 MW wind turbines
Inox Wind Limited has entered into an initial agreement with Inox Clean Energy. This pact will see Inox Wind supply 1,500 megawatts of wind turbines. These turbines will power renewable energy projects across India. This collaboration significantly boosts Inox Wind's order book. Inox Clean Energy aims to expand its renewable portfolio substantially by FY29.
Inox Wind signs MoU with Inox Clean
To supply 1500 MW of wind turbines
Explained - What led to Suzlon Energy, Inox Wind shares gain up to 7% on Tuesday
Inox Wind announced on Tuesday that it has signed a memorandum of understanding (MoU) with group company Inox Clean Energy for the supply of 1,500 MW of wind turbines, while Suzlon Energy unveiled its new S175-5 MW wind turbine in Karnataka.
Thomas Cook (India) Ltd leads gainers in 'A' group
Thangamayil Jewellery Ltd, CCL Products (India) Ltd, Inox India Ltd and Kiri Industries Ltd are among the other gainers in the BSE's 'A' group today, 08 June 2026.
Inox India rallies 7% on heavy volumes; hits new high in weak market
Looking ahead, Inox India management remains optimistic about opportunities across LNG infrastructure, aerospace, clean energy, scientific infrastructure, and advanced cryogenic applications.
Inox Clean Energy buys Vena's India energy business for Rs 6,000 crore
Inox Clean Energy is acquiring Vena Energy India's 6 GW renewable energy portfolio. This deal significantly expands Inox Clean's operational and development pipeline. The company is building an integrated clean energy platform through strategic buyouts and greenfield investments. Inox Clean aims for 10 GW of renewable generation capacity and 11 GW of solar manufacturing by FY28.
Inox Clean Energy plans ₹1 trillion investment by 2030 in renewables, solar equipment and battery storage
INOXGFL Group is also targeting global markets with a major battery chemicals push and a new joint venture to develop power projects across Africa, executive director Devansh Jain said.