Borosil Renewables Completes ₹17.82 Crore Investment In 16.50 MW Hybrid Solar-Wind Project

Borosil Renewables Limited has completed its committed investment in Clean Max Prithvi Private Limited (CMPPL), a renewable energy company developing a 16.50 MW hybrid solar-wind power plant in Gujarat. The investment was made under an exclusive agreement for the procurement of renewable power to support captive consumption.

The company initially acquired a 49% stake in CMPPL for ₹49,000 and had committed an additional investment of ₹17.83 crore in multiple tranches. The latest tranche of ₹14.26 crore was confirmed by CMPPL, and the total investment now stands at ₹17.82 crore. Following this, Borosil Renewables continues to hold a 49% stake in CMPPL.

This investment aligns with the company’s goal of increasing renewable energy usage and reducing its carbon footprint. CMPPL will generate clean energy exclusively for Borosil Renewables, ensuring a stable and sustainable power supply. The company confirmed that the transaction adhered to SEBI regulations and was conducted at arm’s length.

 

  • Related Posts

    Top Stories Of The Day: BERC Approves 450 MW FDRE for Bihar; Odisha Signs ₹67,000 Cr MoUs for 6.8 GW RE and More…

    BERC has approved procurement of 450 MW of Firm and Dispatchable Renewable Energy (FDRE) to secure 1,800 MWh of peak power supply for Bihar. The move strengthens reliability during high-demand…

    Grid-Forming Inverters Emerge As Key To Powering Asia’s Clean Energy Transition

    Electricity demand across Asia is rising quickly as artificial intelligence data centers, electric vehicles, and advanced manufacturing expand across the region. This rapid growth is putting heavy pressure on power…

    Have You Seen?

    Restrict large nitrous oxide cylinders to “legitimate commercial users”

    • February 13, 2026
    Restrict large nitrous oxide cylinders to “legitimate commercial users”

    Global Oil Stockpiles Swelled Last Year by Most Since 2020, IEA Says

    • February 13, 2026
    Global Oil Stockpiles Swelled Last Year by Most Since 2020, IEA Says

    Oil Prices Set for Another Weekly Decline as Iran Risks Recede

    • February 13, 2026
    Oil Prices Set for Another Weekly Decline as Iran Risks Recede

    ConocoPhillips and Partners to Invest $2 Bln in Greater Ekofisk Gas, Condensate

    • February 13, 2026
    ConocoPhillips and Partners to Invest $2 Bln in Greater Ekofisk Gas, Condensate

    Oil Prices Drop 3% After IEA Cuts Demand Growth Outlook

    • February 13, 2026
    Oil Prices Drop 3% After IEA Cuts Demand Growth Outlook

    Electric Vehicle Sales Dip 3% After China Cuts Subsidies and Adds Tax

    • February 13, 2026
    Electric Vehicle Sales Dip 3% After China Cuts Subsidies and Adds Tax

    Tony Blair Think Tank Calls For North Sea Oil Revival

    • February 13, 2026
    Tony Blair Think Tank Calls For North Sea Oil Revival

    North Sea sandstone study highlights scale of UK carbon storage opportunity

    • February 13, 2026
    North Sea sandstone study highlights scale of UK carbon storage opportunity

    Top Stories Of The Day: BERC Approves 450 MW FDRE for Bihar; Odisha Signs ₹67,000 Cr MoUs for 6.8 GW RE and More…

    • February 13, 2026
    Top Stories Of The Day: BERC Approves 450 MW FDRE for Bihar; Odisha Signs ₹67,000 Cr MoUs for 6.8 GW RE and More…

    Market Positioning Itself for Period of Higher Geopolitical Risk

    • February 13, 2026
    Market Positioning Itself for Period of Higher Geopolitical Risk