Clean Max Enviro Energy Solutions (CleanMax) announced on Thursday that it has entered into a long-term power purchase agreement with Bangalore International Airport Limited (BIAL).
The captive power project, which will be established in a solar-wind farm located in Jagaluru, Karnataka, will be owned and operated by CleanMax. It will comprise 36 MW of solar power and 9.9 MW of wind power plants, as stated by the company.
CleanMax and BIAL have collaborated to bolster energy resilience at Kempegowda International Airport, Bengaluru.
Under a special purpose vehicle (SPV), CleanMax and BIAL have inked a 25-year long-term power purchase agreement for the generation and supply of renewable energy from a 45.9 MW solar-wind captive power project, the statement noted.
The project aims to source approximately 90 million units of energy (kilowatt hours) annually. It is anticipated to provide about 58.3 million units of solar power and 31 million units of wind power per year, utilizing the existing grid infrastructure, according to the company.
CleanMax is recognized as Asia’s leading renewable energy company in the Commercial and Industrial (C&I) sector, boasting 2 GW of operational renewable assets.
