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Clean Max Enviro Energy Solutions and Nuvoco Vistas Corporation have partnered to advance renewable energy adoption in Rajasthan through a 46.4 MW wind-solar hybrid project.
The project, located in Bhikamkhore, Rajasthan, comprises 20 MW of wind and 26.4 MWp of solar capacity along with a 2-MWh Battery Energy Storage System (BESS), developed under a group captive structure designed for long-term clean energy procurement.
Power generated from the project will be supplied to Nuvoco through the State Transmission Utility (STU) Open Access network. The project adds to CleanMax's growing RE footprint in Rajasthan, one of its key markets for large-scale development catering to C&I clients, where the company has an operational portfolio of over 525 MW across solar, wind and hybrid assets.
The initiative builds on Nuvoco's ongoing efforts to reduce the carbon intensity of its manufacturing operations through RE, Waste Heat Recovery Systems (WHRS), energy efficiency measures and increased use of alternative fuels. The project further advances Nuvoco's DIRE (Digitalisation, Innovation and Renewables) agenda, which provides a structured pathway to drive climate action, renewable energy transition, water stewardship, circularity and biodiversity conservation across its manufacturing ecosystem, while enabling more resilient, resource-efficient and lower-carbon operations.
Consequent to the aforesaid allotment, the paid-up share capital of the Company shall stand increased from Rs 11,75,49,370 to Rs 11,75,52,200.
Consequent to the aforesaid allotment, the paid-up share capital of the Company shall stand increased from Rs 11,72,71,170 to Rs 11,74,71,170.