Investment14 Jan 2026, 04:30 pm
CEAT Partners with CleanMax for Multi-State ~59 MW Hybrid Wind-Solar Projects Across its Key Manufacturing Hubs
AI Summary
CEAT, a leading Indian tyre manufacturer, has partnered with CleanMax Enviro Energy Solutions Limited to source renewable power through ~59 MW hybrid wind-solar project to CEAT’s Halol facility in Gujarat and Kanchipuram facility in Tamil Nadu under a group captive model. The projects are expected to generate ~13.58 crore units of clean power annually, reducing CO2 emissions by around 1,00,000 tonnes per year. This partnership will strengthen CEAT's renewable energy footprint, improve operational efficiency, and contribute to significant annual reductions in carbon emissions, enabling its long-term journey towards net-zero operations.
Key Highlights
- CEAT to source renewable power through ~59 MW hybrid wind-solar project from CleanMax.
- Projects to provide renewable energy to CEAT’s Halol facility in Gujarat and Kanchipuram facility in Tamil Nadu under a group captive model.
- Expected to generate ~13.58 crore units of clean power annually, reducing CO2 emissions by around 1,00,000 tonnes per year.
- Partnership aimed at strengthening CEAT's renewable energy footprint and improving operational efficiency.
- A strategic progression in CEAT's sustainability journey towards net-zero operations.