Inox Clean Buys 300 MWp Solar Assets From SunSource

07 Jan 2026 CW Team

Inox Clean Energy on Monday said its subsidiary, Inox Neo Energies, has acquired 250 MWp of solar power projects from SunSource Energy and is in the process of acquiring an additional 50 MWp, taking the total acquired capacity to 300 MWp.

SunSource Energy is a wholly owned subsidiary of Netherlands-based multinational SHV Energy. The acquired solar projects are spread across 13 states, including Uttar Pradesh, Karnataka, Tamil Nadu and Maharashtra, and are operated through multiple special purpose vehicles supplying power to commercial and industrial customers.

According to Inox Clean, the projects have long-term power purchase agreements with a weighted average tenure of 24 years. The electricity is supplied to a diversified customer base across sectors such as manufacturing, FMCG, power equipment, healthcare and pharmaceuticals. Key customers include Britannia Industries Limited, Jubilant Foodworks, Hitachi Energy and Max Healthcare.

The acquisition marks a significant milestone in Inox Clean’s plan to achieve 3 GW of renewable generation capacity by the end of FY26. The company is also targeting 10 GW of installed capacity by FY28 through a combination of organic growth and acquisitions.

Bharat Saxena, chief executive officer and whole-time director of Inox Clean, said the SunSource portfolio would be a key growth driver for the company’s independent power producer business. He added that recent acquisitions, including the Vibrant Energy portfolio, have strengthened Inox Clean’s position to scale up rapidly in the renewable energy space.

Inox Clean said it is building an integrated renewable ecosystem encompassing the manufacture of solar modules and cells, which will be used partly for captive hybrid power projects and partly supplied to third-party customers.

Infrastructure Urban

23 Jan 2026

9th India–Myanmar Joint Trade Committee Meeting Held in Nay Pyi Taw

The ninth meeting of the India–Myanmar Joint Trade Committee (JTC) was held in Nay Pyi Taw, Myanmar, with a focus on strengthening bilateral trade and deepening economic cooperation. The meeting was co-chaired by U Minn Minn, Deputy Minister, Ministry of Commerce of the Republic of the Union of Myanmar, and Nitin Kumar Yadav, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India.Representatives from relevant ministries and stakeholder departments from both countries participated in the discussions. The meeting covered a broad range of issues aim..

DGCA Launches Digital Pilot Licence Services for ATPL

The Directorate General of Civil Aviation (DGCA) has launched Electronic Personnel Licence (EPL) services for the Airline Transport Pilot Licence (ATPL), marking a significant step in the regulator’s ongoing digital transformation of aviation licensing in India. The service was inaugurated at an event held at the DGCA headquarters.Inaugurating the EPL ATPL service, Director General of Civil Aviation Faiz Ahmed Kidwai said the initiative represents a major advancement in strengthening India’s civil aviation regulatory framework through secure, modern and future-ready digital systems. He con..

Cabinet Extends Atal Pension Yojana and Support Till 2030–31

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of the Atal Pension Yojana (APY) up to the financial year 2030–31, along with the extension of government funding support for promotional and developmental activities and gap funding to ensure the scheme’s long-term sustainability.Under the approved framework, APY will continue to receive government support aimed at expanding its reach among unorganised and low-income workers. This includes funding for awareness campaigns, capacity-building initiatives and other developmental activities to strengthen ..