CleanMax inches up on partnering with GACL to supply hybrid renewable energy
Clean Max Enviro Energy Solutions is currently trading at Rs. 1126.65, up by 2.30 points or 0.20% from its previous closing of Rs. 1124.35 on the BSE.
The scrip opened at Rs. 1124.35 and has touched a high and low of Rs. 1153.00 and Rs. 1110.95 respectively. So far 9546 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 1399.85 on 15-May-2026 and a 52 week low of Rs. 728.00 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1,399.85 and Rs. 1062.60 respectively. The current market cap of the company is Rs. 13407.66 crore.
The promoters holding in the company stood at 49.48%, while Institutions and Non-Institutions held 44.55% and 5.97% respectively.
Clean Max Enviro Energy Solutions (CleanMax) has partnered with Gujarat Alkalies and Chemicals (GACL) to supply hybrid renewable energy from 75.90 MW wind and 84.34 MWp solar capacity to GACL’s Dahej and Vadodara manufacturing units under the group captive structure. 100% power generated from the said facilities will be utilized by GACL. This will support the GACL’s transition toward cleaner and more sustainable industrial operations and will contribute towards our Nation’s commitment for achieving net-zero carbon emissions.
The project is being implemented across four of the company’s renewable energy sites in Gujarat, Viz. Kalikanagar, Aji Dahisarda, Rajula and Ghuntu. Together, this project is expected to generate around 36.9 crore units of clean power annually. This generation is anticipated to reduce CO2 emissions by around 2,64,204 tons per year and is equivalent to the environmental benefit of planting nearly 15.27 million trees annually.
The project is being executed in two phases across multiple renewable energy sites in Gujarat. Phase 1 comprises 16.50 MW of wind capacity and 21.701 MWp of solar capacity, while Phase 2 comprises 59.40 MW of wind capacity and 62.64 MWp of solar capacity. Both the phases will be commissioned in accordance with the contractual timelines as agreed between Clean Max Enviro Energy Solutions and GACL. Once commissioned, it will supply hybrid renewable power to GACL’s manufacturing units. The partnership marks another step toward enabling large-scale industrial decarbonisation in India.
