UPL today announced a joint venture with CleanMax Enviro
Energy Solutions (CleanMax), a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India.
UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 MW of wind power. Combining two of the fastest growing renewable energy technologies, this project will enable UPL to increase its renewable energy usage to 30% of its total global power consumption (against 8% currently).
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content