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December 27,2024

UltraTech partners up with CleanMax for Hybrid power project

UltraTech Cement Ltd has partnered up with CleanMax to procure renewable energy from a 55 MW wind-solar hybrid project in Karnataka. The company is set to acquire 26% equity shares in Special Purpose Vehicle (SPV) of CleanMax for an investment of up to about INR 45.76 Crore.

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