RJ Corp and Inox Green come together to invest Rs 1,700 crores in Africa
Clean Energy firm Inox Clean Energy has formed a joint venture (JV) with diversified business conglomerate RJ Corp. The JV will invest around Rs 1,400 crores in Africa for renewable energy generation projects.
The aim is to develop utility-scale solar projects, and in phase one, 570 MW of power capacity would be developed. The goal is to reach 2.5 GW by FY29.
Also Read: Inox Green signs multiple agreements for solar projects