CleanMax Secures Largest Group Captive Deal, Partners with GACL for 160.24 MW Renewable Energy Project

India's renewable energy sector received a major boost as Clean Max Enviro Energy Solutions Limited (CleanMax) announced its largest-ever group captive renewable energy agreement with Gujarat Alkalies and Chemicals Limited (GACL). The partnership will develop a massive 160.24 MW hybrid renewable energy project in Gujarat, combining both wind and solar power generation to support industrial decarbonization and sustainable manufacturing.

The project represents another significant milestone in India's transition toward clean energy and demonstrates how large industrial companies are increasingly adopting renewable power to reduce carbon emissions, improve energy security, and lower long-term operating costs.

For CleanMax, the deal marks its largest group captive project to date, while for GACL, one of India's leading chlor-alkali manufacturers, the initiative supports its long-term sustainability and net-zero ambitions.

Key Highlights

Particulars	Details
Project Capacity	160.24 MW
Wind Power Capacity	75.90 MW
Solar Power Capacity	84.34 MWp
Project Location	Gujarat
Partner Company	Gujarat Alkalies and Chemicals Ltd (GACL)
Project Type	Hybrid Renewable Energy
Objective	Industrial Decarbonization
Deal Significance	CleanMax's Largest Group Captive Deal

CleanMax and GACL Join Forces for Green Energy Transition

The renewable energy project has been specifically designed to supply clean electricity to GACL's manufacturing facilities in Gujarat.

As one of India's largest chemical manufacturers, GACL operates energy-intensive production units that require reliable power supply throughout the year. By integrating wind and solar energy through a hybrid model, the company aims to reduce dependence on conventional energy sources while strengthening operational sustainability.

The partnership also aligns with India's broader renewable energy targets and the government's efforts to encourage industrial adoption of green power solutions.

Project Capacity Breakdown

The project combines two major renewable energy sources to ensure stable and efficient power generation.

Energy Source	Capacity
Wind Energy	75.90 MW
Solar Energy	84.34 MWp
Total Capacity	160.24 MW

The hybrid structure helps balance power generation throughout the day and across seasons. Solar energy generates electricity during daylight hours, while wind energy can continue generating power even during non-solar periods, improving overall energy reliability.

Why Hybrid Renewable Projects Are Gaining Popularity

Hybrid renewable projects have emerged as one of the fastest-growing segments within India's clean energy industry.

Advantages of Hybrid Projects

Benefit	Impact
Higher Power Availability	More consistent energy generation
Improved Grid Stability	Reduced power fluctuations
Better Land Utilization	Optimized infrastructure use
Lower Energy Costs	Long-term savings for industries
Reduced Carbon Emissions	Supports sustainability goals

For industrial consumers such as GACL, hybrid projects provide greater reliability compared to standalone renewable installations.

Strategic Importance for Gujarat Alkalies and Chemicals (GACL)

GACL is one of India's leading chemical manufacturing companies and a major player in the chlor-alkali industry.

Its operations require significant electricity consumption for the production of:

• Caustic Soda
• Chlorine
• Hydrogen
• Industrial Chemicals
• Specialty Chemical Products

The adoption of renewable energy is expected to help GACL:

Strategic Benefit	Expected Outcome
Lower Carbon Footprint	Reduced emissions
Energy Cost Optimization	Long-term cost savings
Sustainability Compliance	Improved ESG performance
Energy Security	Stable power availability
Net-Zero Progress	Supports climate commitments

The project reinforces GACL's commitment toward responsible manufacturing and environmental sustainability.

CleanMax Strengthens Leadership in Industrial Renewable Energy

CleanMax has established itself as one of India's leading renewable energy solutions providers focused on commercial and industrial consumers.

As of March 31, 2026, the company reported approximately 844 MW of operational renewable energy capacity in Gujarat alone.

CleanMax Gujarat Operations Snapshot

Parameter	Value
Operational Capacity in Gujarat	844 MW
Latest Hybrid Project	160.24 MW
Project Type	Group Captive Renewable Energy
Focus Area	Commercial & Industrial Renewable Solutions

The latest agreement further strengthens CleanMax's position in the rapidly growing corporate renewable energy market.

Gujarat Emerging as India's Renewable Energy Hub

Gujarat continues to attract major renewable energy investments due to its favorable policy framework and natural resource advantages.

Why Gujarat Leads Renewable Energy Investments

Factor	Advantage
Strong Solar Irradiation	High solar power generation
Favorable Wind Conditions	Strong wind energy potential
Industrial Base	Large corporate demand
Open Access Policies	Easier renewable adoption
Infrastructure Availability	Faster project execution

The state has become one of India's most attractive destinations for renewable energy developers and industrial consumers seeking green energy solutions.

Industrial Decarbonization Driving Renewable Energy Demand

Industrial decarbonization has become a key theme across global manufacturing sectors.

Companies are increasingly adopting renewable energy because of:

• Rising environmental regulations
• ESG compliance requirements
• Investor expectations
• Carbon reduction commitments
• Long-term energy cost savings

The CleanMax-GACL project reflects this broader shift toward sustainable industrial operations.

Renewable Energy Sector Outlook

India's renewable energy industry continues to witness strong growth driven by:

Growth Driver	Impact
Corporate Sustainability Goals	High
Government Renewable Targets	High
Falling Renewable Costs	Positive
Net-Zero Commitments	Strong Demand
Green Financing Availability	Accelerating Adoption

Large-scale industrial renewable projects are expected to remain a major growth segment over the coming decade.

Management Commentary

According to GACL leadership, sustainability remains a central pillar of the company's long-term business strategy. The integration of hybrid renewable energy is expected to improve energy reliability while reducing the environmental impact of manufacturing operations.

CleanMax management highlighted that the partnership demonstrates how large industrial companies can successfully transition toward renewable energy at scale. The company also reiterated Gujarat's importance as a key market due to its industrial ecosystem and renewable resource potential.

What This Means for Investors

The announcement highlights several important industry trends:

Theme	Investor Significance
Renewable Energy Growth	Positive
Industrial Decarbonization	Long-Term Opportunity
ESG Investments	Increasing Demand
Corporate Renewable Adoption	Expanding Market
Green Infrastructure	Strong Growth Potential

The deal further reinforces the growing role of renewable energy providers in helping industrial companies achieve sustainability targets while maintaining operational efficiency.

Key Takeaway

CleanMax's partnership with Gujarat Alkalies and Chemicals Limited to develop a 160.24 MW hybrid renewable energy project marks one of the most significant industrial renewable energy announcements of 2026. Combining 75.90 MW of wind power and 84.34 MWp of solar capacity, the project represents CleanMax's largest group captive deal and highlights the accelerating shift toward industrial decarbonization in India. With Gujarat emerging as a leading renewable energy hub and corporations increasingly pursuing net-zero goals, projects of this scale are expected to play a critical role in shaping India's clean energy future.

1. What is the total capacity of the CleanMax-GACL renewable energy project?

The project has a total hybrid renewable energy capacity of 160.24 MW, comprising 75.90 MW of wind power and 84.34 MWp of solar power.

2. Why is this project important for CleanMax?

This is CleanMax's largest group captive renewable energy deal to date and further strengthens its position in India's industrial renewable energy market.

3. How will GACL benefit from the project?

GACL will benefit through lower carbon emissions, improved energy reliability, long-term cost savings, and progress toward its sustainability goals.

4. Why are hybrid renewable energy projects becoming popular?

Hybrid projects combine wind and solar power generation, providing more consistent energy output, better reliability, and improved economics for industrial users.

5. Why is Gujarat a preferred destination for renewable energy projects?

Gujarat offers strong solar and wind resources, favorable government policies, excellent infrastructure, and significant industrial demand, making it a leading renewable energy investment destination.