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April 07,2025

Onix Renewable Plans Rs 25,000 Crore Investment in Gujarat's Renewable Energy

Onix Renewable plans to invest Rs 25,000 crore over three years to develop 7 GW of Renewable Energy capacity, including 5 GW in Solar Production. By 2030, it aims for 10 GW with Rs 30,000 crore investment. Focusing 80% on Solar, it will also invest Rs 1,000 crore through an IPO. The company is expanding manufacturing capacity and exploring green hydrogen and EV infrastructure, while addressing land and financing challenges.

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