CleanMax Signs MoU with Gujarat Government for INR 3500 Crore

The company has pledged a substantial investment of INR 3500 crores for the development of a 250 MW wind-solar hybrid project within the state.

January 12, 2024. By Abha Rustagi

CleanMax, a leading player in the renewable energy sector, has formally signed a Memorandum of Understanding (MoU) with the Government of Gujarat.

The company has pledged a substantial investment of INR 3500 crores for the development of a 250 MW wind-solar hybrid project within the state.

CleanMax's commitment to environmental sustainability is evident in its ambitious plan to expand its green footprint through this massive project. The 250 MW wind-solar hybrid initiative is poised to be a key contributor to Gujarat's renewable energy landscape, aligning with the state's broader goals of promoting clean and green energy sources.

Expressing gratitude for the collaborative effort, CleanMax acknowledged the pivotal role played by individuals instrumental in facilitating this association.

This initiative marks a strategic partnership between the private sector and the government, setting the stage for a more sustainable and eco-friendly future.

As the project progresses, it is expected to create employment opportunities, boost local economies, and significantly contribute to Gujarat's clean energy targets. CleanMax's investment reflects a broader trend of businesses actively participating in the global shift towards sustainable practices, emphasizing the importance of corporate responsibility in addressing environmental challenges.

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Business

CleanMax

Memorandum of Understanding

Sustainable practices