INKEL Limited is making a strategic leap into renewable energy with the launch of Kerala’s first group captive solar power plant—a 23.3 MW facility at INKEL Green Industrial Park in Malappuram. The plant will utilize 75 acres of unused land and supply power to commercial buyers like DP World, Hi-Lite Mall, and Prestige, under a model where consumers with at least 26% equity ownership purchase 51% or more of the generated electricity.
This marks the first project under the Invest Kerala initiative. INKEL is also planning a Rs256 crore hybrid renewable energy park in Palakkad, featuring an 18 MW wind power plant at Vadakarapathy and an 18 MW solar plant at Ozhalapathy. These projects aim to offer affordable clean energy while expanding INKEL’s portfolio into logistics, hi-tech manufacturing, and electric vehicles.
Managing Director Dr. K Ellangovan emphasized the importance of diversifying beyond civil infrastructure and noted that Kerala’s land constraints and high costs make group captive models more viable for sustainable energy delivery.