BASF India signs agreement for hybrid captive renewable project in Gujarat
BASF India Limited has signed a share purchase agreement with Clean Max Enviro Energy Solutions Limited to source renewable power from a hybrid solar and wind project in Jamnagar, Gujarat. The arrangement follows the captive power generation model. The plan is to build a 12.21 MW hybrid project that will supply clean energy to BASF India’s manufacturing units in Dahej and Panoli. The agreement covers the annual procurement of about 28860 MWh of renewable power…