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Power Generation
Acquisitions17 Mar 2026, 07:34 am

Clean Max Enviro Energy Solutions to Acquire Kintech Solarbikaner for INR 38.06 Crores

AI Summary

Clean Max Enviro Energy Solutions Limited has entered into a Share Purchase Agreement with Kintech Synergy Private Limited and Kintech Solarbikaner Private Limited on 16 March 2026 for the acquisition of 100% equity shares of Kintech Solarbikaner Private Limited. The transaction is for an enterprise value of INR 38.06 crores. Kintech Solarbikaner Private Limited, incorporated in 2023, is involved in renewable energy generation. The acquisition is aimed to enable growth and further development of wind-solar hybrid renewable energy capacity of Clean Max in the state of Gujarat, India.

Key Highlights

  • Clean Max Enviro Energy Solutions to acquire 100% equity shares of Kintech Solarbikaner Private Limited
  • Transaction value INR 38.06 crores
  • Kintech Solarbikaner Private Limited focuses on renewable energy generation
  • Acquisition aims to expand Clean Max's wind-solar hybrid renewable energy capacity in Gujarat
  • Kintech Solarbikaner Private Limited incorporated in 2023
CLEANMAX
Power Generation
Clean Max Enviro Energy Solutions Ltd

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