Borosil Renewables Invests INR 17.82 Crore in Clean Max Prithvi to Secure Green Energy Supply

Borosil Renewables Ltd. has successfully completed its committed investment in Clean Max Prithvi Pvt. Ltd. (CMPPL), a renewable energy company developing a 16.50 MW hybrid solar-wind power plant in Gujarat.

This investment is part of Borosil Renewables’ strategy to secure a stable renewable power supply for captive consumption, supporting its commitment to sustainability and carbon footprint reduction. Under an exclusive agreement for renewable power procurement,

Borosil Renewables initially acquired a 49 percent stake in CMPPL for INR 49,000 and had committed to an additional investment of INR 17.83 crore in multiple tranches.

With the latest tranche of INR 14.26 crore now confirmed, the company has nearly fulfilled its investment commitment, bringing the total investment to INR 17.82 crore while maintaining its 49 percent stake in CMPPL.

The hybrid solar-wind project will generate clean energy exclusively for Borosil Renewables, ensuring long-term energy cost stability and a reliable supply of green power.

This strategic investment aligns with Borosil Renewables' broader sustainability goals, reinforcing its leadership in green energy adoption within the Indian manufacturing sector. By leveraging renewable power for captive consumption, the company is taking a significant step towards reducing its dependency on fossil fuels while contributing to India's clean energy transition.